Any commercial property owner will tell you that owning property is a lot of work. In this article, we are going to dive into the 3 Ts of property ownership and discuss why 1031 exchanging into less management intensive properties makes sense.
The 3 Tenets of Property Ownership
Tenants – Hard to deal with, unreasonable, unrealistic and unreliable (don’t pay on time, cause problems, demanding, etc.)
Trash – Costs of ownership with taxes, sanitation, insurance go up every year
Toilets – plumbing and deferred maintenance in old buildings is costly, ongoing and aggravating
Consider DST Management Free Investments
If these 3 Ts are causing you undue stress, consider the management free nature of a DST investment. What are the advantages of DST management free investments? Here are a few benefits:
Minimal Investment Requirement
Larger Growth Potential
Diversification
Management Free Ownership
A Clearly Defined Exit Strategy
If you have any questions about the benefits of DST ownership or 1031 exchanges in general, don’t hesitate to reach out to CPEC1031! Our qualified intermediaries have decades of experience facilitating like-kind exchanges of all shapes and sizes. You can find us at our primary office located in downtown Minneapolis, or at one of our satellite offices across the United States.
Start Your 1031 Exchange: If you have questions about 1031 exchanges, feel free to call me at 612-643-1031.
Defer the tax. Maximize your gain.
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