Brian Evans | CPA/PFS | Owner, Madrona Financial Services
Real Estate investing can be extremely rewarding financially. If you have succeeded in your prior real estate investment activities, you may be faced with a new challenge; how do you sell your property without paying income taxes, continue to receive monthly rental income and eventually any appreciation, yet not have to continue taking on the responsibility of property management? The following are examples of when, if you are an “Accredited Investor*”, a DST may be the solution you are looking for. Currently, REITs, partnerships and LLCs do not qualify for tax-deferral, but DSTs do qualify.
Investing in rental properties is a time-tested strategy, but when you’re ready to get out of the grind, you could face a big tax bill. Here’s one escape route.
Brian Evans | CPA/PFS | Vendor Member
There is a major dilemma facing many Baby Boomer investors today. Their successes in real estate have produced a failure in quality of life. What is the problem, and is there a solution?
Let's start with the problem: a “good problem” to have. Twenty to 40 years ago, you bought rental real estate, maybe a small apartment complex or several rental houses. This can be a great strategy to build wealth for someone in their earlier years of investing. But as I advise my own clients, owning actively managed real estate is best for a season of your life, but not for the duration of your life.