The 1031 Show™
The Purpose-Driven Real Estate Investor
Has the means become your mission?
Is your real estate investment still serving its purpose?
Real estate investors: Sell or hold?
Wally Smith: Well, talk a little bit about master leases because you said there’s seven deadly sins. One of them is you can’t change the lease, right?…
Wally Smith: What, five, six years ago now, they came out with something called a QOZ. What is a QOZ? Jeff Hertz: Qualified opportunity zones was an…
Jeff Hertz: And I guess just to broaden that a second, we talk oftentimes about DSTs, especially like a 721 strategy as being very attractive for somebody…
Wally Smith: Well, to that point, let’s talk about the advent of the 721, the UPREIT, how that works. That’s really recognized now as being the answer…
Wally Smith: Okay. More institutional players seem to be getting into the space. I think we both saw a news clip this morning about one of the…
Wally Smith: When one of these things ends, we call it going full cycle, what should somebody expect? They have a DST, one of the pieces that…
Wally Smith: And most of them are built on a 10 year chassis though, right? Jeff Hertz: Yeah. Exactly. Wally Smith: Is that statutory that it’d be…
Jeff Hertz: The managers of the DST obviously are something you want to spend a significant amount of time researching and feeling comfortable with. Wally Smith: Well,…
Jeff Hertz: So trust law goes back hundreds of years, even pre the United States. So using a trust has a number of advantages for investors investing…
Wally Smith: Absolutely. Let’s talk about DSTs then. That’s a focus of a lot of what we do, although we work with each of these tools out…