Real Estate and Construction Newsletter July 2018
Deferring Gains on Real Estate Sales with a Delaware Statutory Trust
The real estate markets are continuing to have positive trends. With that in mind, many taxpayers are looking for ways to defer gains from real estate sales for income tax purposes through IRC §1031 like-kind exchanges (LKE).
Finding the right property within the allotted timeframe of a LKE can pose barriers to using this tax savings strategy. For those that find themselves in this situation, there may be a solution with the Delaware Statutory Trusts (DST).