Deferred Sales Trusts 1031 exchange

[Ralph Galdorisi]

Sold properties looking to buy using 1031 clock ticking! I have heard if the well publicized Delaware statutory trust (don't love it but better than paying taxes).

I was introduced to a less heard or Deferred Sale trust. Same initials as Delaware so often confused. Anyone done a deffered ST or know someone that can give feedback?

Much appreciated

RG

[Thomas Rutkowski]

@Bill Exeter

We've gone over this in another post, yet you keep distributing misleading information. 

The difference that you are failing to note is that there is a difference between rescuing a "FAILING" transaction versus a "FAILED" transaction. A 1031 exchange that is between the 45th and 180th days HAS NOT FAILED and can be converted to a DST or MIS.

You will get no argument out of me about converting a failed 1031. It can't be done. 

When advisors speak of rescuing a 1031 exchange, they are speaking about saving it before the clock runs out.