How a DST Solved One Landlord’s Million-Dollar Problem
Harry Chapin’s song Cat’s in the Cradle is a poignant reminder about how we are all getting older, and real estate investors are no exception. After years — or even decades — of being landlords, many are coming to a crossroads.
“So now what?” says the 65-year-old real estate investor who owns three rental houses, an apartment building, some raw land and a warehouse? Today’s typical investor and many more are ready to take their winnings off the table, simplify their life, move down to a place on the beach, and live the life promised by hard work, sacrifice and delayed gratification.
Investors have a couple of major obstacles to overcome however, one of which could be astronomical capital gains taxes upon a sale, and the other being what to do with the proceeds. While investors are keen to the idea of fetching a stellar price in a hot market for
