Schedule A Demo

NYC Real Estate Lawyer Natalia Sishodia Explains the Different Benefits of a 1031 Exchange Delaware Statutory Trust (DST)

August 26, 2022
Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

NYC real estate lawyer Natalia Sishodia releases a new article (https://sishodia.com/benefits-of-a-1031-exchange-delaware-statutory-trust-dst/) explaining the different benefits of a 1031 Exchange Delaware Statutory Trust (DST). According to the lawyer, New York real estate investments can be made in many different forms so that investors have more options.

"A real estate investment may also involve many tax considerations, so it is normal for investors to look for options that will limit their tax liability. This is where a 1031 exchange comes in,” says the NYC real estate lawyer.

NYC real estate lawyer

The lawyer explains that a 1031 exchange is a swap/exchange for property that is used exclusively for investment or business purposes. An investor might be able to exchange one investment property for another of the same kind to avoid capital gains.

Attorney Natalia Sishodia also mentions that there is no limit to how often or how many times an investor can do 1031 exchanges. Investors may find a 1031 exchange beneficial, but it can also be difficult to comply with the requirements of the IRS. This is why many investors choose the Delaware Statutory Trust, (DST).

In the article, attorney Sishodia says that a DST entity is one that is recognized as a trust establishment. DST can be used to refer to similar entities in any state, and not only in Delaware. A DST is often used to describe real estate investments and it is most popular with 1031 exchanges.

According to the attorney, “To benefit from DSTs, investors can sell the original investment property for an interest in a DST and become a fractional investor alongside other owners/investors. By choosing to transfer ownership from a 1031 property into a DST, the investor/property owner is no longer responsible for the burdens of managing the 1031 property.”

Lastly, attorney Natalia Sishodia emphasizes how important it is to seek the help of an experienced attorney when it comes to real estate transactions. Having a skilled real estate attorney may help ease the burden of understanding complex terms from the customer and may guide them into making a more informed decision.

About Sishodia PLLC
Sishodia PLLC’s team of professional New York real estate attorneys pride themselves on their ability to navigate complex real estate laws and intricacies to offer the most comprehensive advice and guidance possible for their clients. The lawyers at Sishodia PLLC take time to fully understand each client’s unique goals and circumstances, minimizing potential risks and issues. Call them today at (833) 616-4646 for a consultation.



SOURCE: Press Advantage [Link]

Download as PDF Single Release RSS Feed
Facebook Twitter Google Digg Reddit LinkedIn Email

About Sishodia PLLC:

Sishodia PLLC is a boutique New York real estate law firm offering experienced, individualized legal solutions to clients ranging from first-time homebuyers to seasoned real estate investors.

Contact Sishodia PLLC:

Natalia Sishodia
Sishodia PLLC
600 Third Avenue 2nd Floor, New York, NY 10016, United States
+18336164646

Social Media:

Additional News Releases From Sishodia PLLC:

November 23, 2022NYC Foreign Investments Lawyer Natalia Sishodia Discusses the Legal and Tax Implications of Foreign Investment

November 22, 2022NYC Real Estate Attorney Natalia Sishodia Discusses How to Avoid the Transfer Tax in NYC

November 21, 2022NYC Real Estate Attorney Natalia Sishodia Discusses How To Prepare for a Co-Op Board Interview in New York

November 16, 2022NYC Real Estate Lawyer Natalia Sishodia Explains How to Avoid Mortgage Recording Tax in New York

November 15, 2022New York City Real Estate Lawyer Natalia Sishodia Explains NYC Home Seller’s Closing Costs Calculator

November 14, 2022Manhattan 1031 Lawyer Natalia Sishodia Discusses Holding a 1031 Exchange Property Before Selling

November 10, 2022Manhattan Co-op Real Estate Attorney Natalia Sishodia Explains Roof Rights When Purchasing a Co-op

November 02, 2022Manhattan Co-op Real Estate Attorney Natalia Sishodia Explains the Process of Buying a Co-op in New York

November 01, 2022NYC Foreign Investment Attorney Natalia Sishodia Discusses the Different Types of Property a Foreigner can Buy in New York

October 31, 2022New York City 1031 Attorney Natalia Sishodia Discusses the Benefits of a 1031 Exchange Delaware Statutory Trust (DST)

Website Preview: