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Short Term Rental Secrets Podcast cover image

Ep 174 - Compounding Wealth with 1031 Exchanges with Dave Foster

Short Term Rental Secrets Podcast

NOTE

Delaware Statutory Trust as a 1031 Exchange Replacement

Delaware's statutory trusts are similar to syndications but are approved by the IRS as replacement properties for 1031 exchanges. These trusts allow investors to buy a small piece of a larger asset without going on the title of the property. The IRS recognizes them as 1031 exchange eligible. Investors use these trusts to hold their funds for two to five years, making it a strategic move to sell high in the current market and buy low in a more favorable market later on, potentially due to market corrections or improved conditions.

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