JTC plc
Fund manager.
What is a Delaware Statutory Trust (DST)?
“A Delaware Statutory Trust (DST) is a real estate investment vehicle in which multiple investors purchase a property or group of properties that are professionally managed. Investors own beneficial interests in the trust but do not actively manage the properties.”
View in the company profileDo I have to live in Delaware to invest in a DST?
“No, you do not have to live in Delaware to participate in a DST. Investors from anywhere in the United States can invest in a Delaware Statutory Trust.”
View in the company profileCan a DST qualify as replacement property in a 1031 exchange?
“Can a DST qualify as replacement property in a 1031 exchange?”
View in the company profileWhat are the advantages of using a DST in a 1031 exchange?
“Advantages include passive ownership, no property management responsibilities, lower minimum investment amounts, portfolio diversification, access to institutional real estate markets, and potential certainty in meeting 1031 exchange deadlines.”
View in the company profileWhat are the potential downsides of investing in a DST?
“The primary downside is lack of control. Investors do not choose the properties, set rents, or decide when properties are sold. There is also limited liquidity due to the absence of a centralised secondary market.”
View in the company profileHow many investors can participate in a DST?
“Unlike tenancy-in-common structures that limit investors to 35, DSTs can typically include between 99 and 499 investors, depending on the offering.”
View in the company profile