REIT vs. DST

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REIT vs. DST (by Tom [ME]) Feb 19, 2019 5:06 AM

REIT vs. DST (by David [MI]) Feb 19, 2019 5:17 AM

REIT vs. DST (by Robert J [CA]) Feb 19, 2019 8:15 AM

REIT vs. DST (by WMH [NC]) Feb 19, 2019 11:50 AM

REIT vs. DST (by Tom [ME]) Posted on: Feb 19, 2019 5:06 AM
Message:

Does anyone here have enough experience with either Investment trusts or statutory trusts to say which might be a better choice?

Considering selling a couple of multis and want to do a 1031 exchange.

Thanks.

--98.11.xxx.xxx

REIT vs. DST (by David [MI]) Posted on: Feb 19, 2019 5:17 AM
Message:

is it legally possible to do 1031 exchange from physical RE to REIT?? --199.247.xx.xx

REIT vs. DST (by Robert J [CA]) Posted on: Feb 19, 2019 8:15 AM
Message:

Yes, I've done a 1031 into a REIT, TIC and other types of investments. Have to follow the rules and use an accommodator -- at arms length transaction. --47.156.xx.xx

REIT vs. DST (by WMH [NC]) Posted on: Feb 19, 2019 11:50 AM
Message:

You can't 1031 into a regular REIT, according to what I was reading. You can 1031 into an UPReit (different entity.)

This is a big gotcha, though:

"Risks Associated With A 1031 Exchange Into An UPREIT

Investors who 1031 Exchange into an upREIT have exchanged into a security and therefore no longer own real estate. Since the investor now owns a security, he or she cannot 1031 Exchange out of the upREIT and into other real estate. The sale or disposition of their interest in an upREIT will result in a taxable transaction, including the recognition of their deferred capital gain and any depreciation recapture.

The upREIT also has control over the asset they 1031 Exchanged into and therefore has control over the sale or disposition of the asset. The sale or disposition of the asset can trigger the recognition of the investors deferred capital gain and any depreciation recapture. Some upREIT sponsors will guarantee that they will not trigger any taxable gain for a specified number of years, while others remain silent regarding the potential for triggering the deferred taxable gain." --50.82.xxx.xx

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REIT vs. DST

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