Real Estate Tax Deferral Strategies Utilizing the Delaware Statutory Trust (DST)

by Paul M. Getty

Overview

Discover how to obtain tax-deferred income and avoid taxes on capital gains. Real estate investments are a key source of wealth creation and a preferred source of income generation for millions of investors. Author Paul Getty has worked with thousands of real estate investors who have taken advantage of special tax benefits available to real estate investors that allow them to defer taxes and retain more funds for future investments. This book provides investors with his experience and insights in the following areas: - How the 1031 Exchange can turbocharge both monthly income and long-term wealth creation - How to obtain stable tax-sheltered income without management hassles - Why the Delaware Statutory Trust (DST) has emerged as one of the fastest growing real estate investment sectors - How to find, evaluate, and compare DSTs - Tips on selecting investment professionals Since being approved by the IRS in 2004, the DST has steadily grown in popularity. In contrast to stocks and bonds, income from DSTs can be offset with depreciation and expense write-offs that are unique to real estate investments, thereby allowing investors to realize higher after-tax income. Furthermore, any realized gains upon sale can be reinvested tax-free into new like-kind investments via a 1031 Exchange rather than be lost forever to federal and state taxes. Savvy investors have discovered that by avoiding taxes they can more rapidly build their net worth. Finally, upon the death of the investor, real estate gains realized over a lifetime of 1031 Exchanges can be transferred to their heirs with little to no tax consequences!

Product Details

ISBN-13:	9781483591872
Publisher:	BookBaby
Publication date:	03/30/2017
Pages:	150
Product dimensions:	5.90(w) x 8.90(h) x 0.50(d)

About the Author

Paul M. Getty is a co-founder of First Guardian Group (FGG) in 2003 (www.FirstGuardianGroup.com), a national real estate investment and management firm that has completed more than $1 billion in transactions. FGG’s business lines include commercial development, 1031 Exchange, management, leasing, financing, and sales brokerage. He has been an active venture capitalist with technology investment firms Venture Navigation and Satwik Ventures. His prior operating experience spans over twenty-five years as a serial entrepreneur and executive officer in firms that resulted in investor returns of more than $700 million through multiple successful initial public offerings and mergers and acquisitions. Paul is a frequent speaker on investment topics at industry conferences. He is the author of The 12 Magic Slides (Apress, 2013) and a co-author of Regulation A+: How the JOBs Act Creates Opportunities for Entrepreneurs and Investors (Apress, 2015). Paul is a licensed real estate broker and holds Series 22, 62, 63, and 79 licenses. He has an MBA in finance from the University of Michigan, with honors, and a bachelor’s degree in chemistry from Wayne State University.

Table of Contents

Foreword viii

About the Author x

Acknowledgments xi

Chapter 1 Introduction 1

Chapter 2 The 1031 Exchange 8

Chapter 3 The Delaware Statutory Trust 34

Chapter 4 Sourcing Delaware Statutory Trusts 56

Chapter 5 Evaluating Delaware Statutory Trusts 65

Chapter 6 Delaware Statutory Trust Sponsors 73

Chapter 7 The Road Ahead 90

Appendix A Offering Memorandum Table of Contents Example 97

Appendix B IRS Revenue Ruling 2004-86 102

Appendix C Like-Kind Coalition Letter to Senate Finance Committee 113

Appendix D 1031 Glossary 117

Index 137