Delaware Statutory Trust 1031 Exchange Insights – by Chay Lapin, Senior Vice President, Kay Properties and Investments

Recently, a client in a 1031 Exchange with $4,000,000 of equity was working with another registered representative and talking to a sponsor directly. In talking with Kay Properties and Investments, they learned that we specialize in Delaware Statutory Trust (DST) 1031 Exchanges and that we have access to a variety of DST properties from many…

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An Alternative to a Failing Section 1031 Like-Kind Exchange Transaction – by Charles Lee

Since the modern-day version of the U.S. Internal Revenue Code (the “IRC”) Section 1031 was amended in 1954, real estate investors have used Section 1031 like-kind exchanges to defer gains on their sale of real property.  Section 1031 exchanges allow sellers to exchange investment real property with other like-kind investment real property without the payment…

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Rent Control Reappears – by Al Jacobs

In my readings recently, I stumbled upon an article concerning rent control – a subject pitting two economic groups squarely against one another. If you’re the owner of residential rental units, you object to a governmental agency dictating what price you may set on your property. If, however, you’re the traditional apartment dweller, you favor…

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Did You Know?

No Forwarding Address If a tenant vacates a unit and fails to give you a forwarding address, you are still required to do a security itemization within 21 days from the vacate date. If you do not have a work address, you should mail the itemization to the last known address, which would be that…

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