Delaware Statutory Trust
I am selling a commercial property. In order to defer the capital gains taxes
I’m looking at Delaware Statutory Trust. Please explain the pros and cons of
DST’s and whatever other options I may have.
Terry Says
Basically you’re looking at doing a “1031 Exchange” — for a like property (commercial only) to capture the upside of your investment but defer capital gains taxes. There are many companies set up to “help” you do this — for a fee.
But my advice is: DON’T DO IT! I’m betting these are the lowest capital gains tax rates you’ll see in your lifetime! Why push your gains forward into a higher tax environment?!!
