By Leslie Pappas, Founder and CEO Posted March 2023 Investing in DSTs is a leap. It’s different than traditional investing. I want our clients to be confident in and comfortable with their investments, and to that end I do several things that most other investment consultants do not. One is I hold live, interactive online…
Read MoreBy Leslie Pappas, Founder and CEO Posted March 2023 A recent development over the past few years has been DSTs which utilize Internal Revenue Code 721 to transfer the interests in the DST into an UpREIT. A 721 exchange allows an individual to exchange an investment property for “operating partnership” (OP) units in an Umbrella…
Read MoreBy Leslie Pappas, Founder and CEO Updated October 2023/Posted December 2015 It’s estimated that 10.6% of all American households—roughly 10 million households—qualified as accredited investors in 2020.[1] Accredited investors have access to a broad array of investment options that the remaining 89.4% of US households do not. The SEC defines an accredited investor in Rule…
Read MoreBy Leslie Pappas Updated September 2022/Posted December 2015 We selectively do business with the sponsors we regard as the best, as we approve them through due diligence. Many of whom are long term DST sponsors. Not all DST sponsoring firms meet our requirements. Our Broker Dealer, Due Diligence Officer, outside consulting firms and I review…
Read MoreBy Leslie Pappas, Founder and CEO Updated August 2022/Posted December 2015 Long Term Capital Gains Tax Rates For Most Accredited Investors (1) Element Rate Federal (2) 15-20% State 0-10.3% Depreciation Recapture 25% of Depreciation Claimed Medical Surtax 3.80% 1. These rates be differ among the various tax brackets and/or income brackets 2. Taxpayers in the 10%…
Read MoreBy Leslie Pappas, Founder and CEO Updated July 2022/Posted September 2016 Capital gains taxes and equity are two real estate concepts that are sometimes misunderstood. In short, capital gains refers to the increase in value of a property and equity refers to the amount of a property that you actually own as opposed to the…
Read MoreBy Leslie Pappas, Founder and CEO Updated November 2022/Posted July 2017 Back in the early 2000s, the leading Sponsors and real estate attorneys worked together with the IRS and established guidelines that would make the then Tenant-in-Common (TIC) co-ownership structure clearly qualify for 1031 Exchange. The text of the result, IRS Revenue Procedure 2002-22, is…
Read MoreR&H, San Jose, CA: We were long-term rental house owners who had a terrible capital gains problem. All real estate brokers whom we interviewed were able and very happy to sell our house at a high price. But after the sale, then what?? Many brokers discussed 1031 exchanges into a 4-plex apartment complex or a…
Read MoreGA, San Francisco, CA: MY 1031 EXCHANGE MADE EASY…As anyone who has experienced a 1031 exchange knows, the process can be stressful. Having Leslie represent me alleviated my stress. Leslie not only knows the properties she represents but also the location, demographics and potential competition. That she had visited these investments and understood the property…
Read MorePR, Mountain View, CA: Leslie Pappas has made her professional career in helping investors understand and navigate the “1031 Exchange industry.” Before meeting with Leslie and working with her, I understood nothing about the opportunities or process in such an exchange. Because of her dedication to her clients and her detailed knowledge of the industry,…
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