Cryptocurrency Q&A
Is DST a 1031 exchange?
Is DST a 1031 exchange?
CryptoNinja
Sun Nov 24 2024
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6 answers
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I'm trying to understand if a Deferred Sales Trust (DST) can be considered as a 1031 exchange. I'm curious about the tax implications and whether using a DST offers the same benefits as a traditional 1031 exchange.
6 answers
Margherita
Tue Nov 26 2024
This allows investors to defer capital gains taxes when they exchange one investment property for another of equal or greater value.
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JejuJoyfulHeart
Tue Nov 26 2024
The Internal Revenue Service (IRS) recognizes Deferred Sales Trust (DST) as a type of real estate property.
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Valentino
Tue Nov 26 2024
DST is eligible for replacement property status under Section 1031 of the tax code.
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Valentina
Mon Nov 25 2024
To qualify for this tax benefit, investors must identify the DST within 45 days of closing on their relinquished property.
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CryptoSavant
Mon Nov 25 2024
Additionally, investors must ensure they are fully invested in the DST within 180 days of closing on their relinquished property.
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