

Everything You Need to Know About DSTs (Delaware Statutory Trusts)
This week on Commercial Real Estate Secrets, I sit down with Ben Carmona, Managing Partner at Perch Wealth, to talk about one of the most underutilized and misunderstood tools in commercial real estate: the Delaware Statutory Trust (DST).
If you’re working with aging landlords, high-equity portfolios, or owners tired of tenant calls—this episode is a must-listen.
Ben breaks down 1031 exchanges and DSTs in plain language, explains how baby boomers are trading toilets for tax deferral, and shares why “Swap ‘til you drop” isn’t just a clever phrase—it’s a generational wealth strategy.
💡 Episode Highlights
✅ What is a 1031 Exchange—and how to explain it to a 5th grader
✅ The power of "Swap ‘til You Drop" for generational wealth planning
✅ What makes an investor “accredited” (and why it matters)
✅ DSTs explained: what they are, how they work, and why they’re IRS-approved
✅ Passive income, stepped-up basis, and bonus depreciation explained
✅ What product types are performing best in DSTs today (hint: not retail)
✅ How to use DSTs as a backup plan when your 1031 deal falls through
Connect with Ben Carmona: https://perchwealth.com/
📱 Direct: 818-269-4972
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