What Aare The Qualifications To Be Able To Utilize The DST

[Brett P Swarts]

Joe Robert:

So for those that are listening, and they're sitting there thinking they may have some assets coming up, or they could have some capital gain implications, you know, what are the qualifications to be able to utilize DSA?

Brett Swarts:

Big question. So our minimum is $1 million of net proceeds and at least $1 million gain. And the reason we have those minimums is that the pain has to be big enough to pay for our services. And so to give you an example, in California, for example, I like to use 37 to 50% of the gain is going to be wiped out by depreciation recapture and capital gains tax depending on what state you're in, and your income bracket a lot of different things kind of come in play there, but that's our minimum we want to make sure that folks understand that because if it's too small our fees eat up the savings and we say just pay the tax now if you had like a couple of deals, you know, that add up to that, you know, one or two, you know, 500 500 then that's fine. So that's who this is for, you know, works for business owners or works for s corpse. LLCs c corpse it works for primary homes works for cryptocurrency, it works for artwork, collectibles, right? Just buy anything that's highly appreciated. So if you have that a million-dollar gain, and at least a million-dollar net proceeds over one or two assets at least then we're a great fit for somebody I hope to answer the question, Joe.

Learn more about Deferred Sales Trust
Visit: www.capitalgainstaxsolutions.com