Hello cryingshameWe have sold our paid for Florida Townhouse and did a 1031 exchange into 3 dst's We are 63 years old and when we retire do not want to deal with this rental we bought in 2007. As someone who discovered bogleheads in 2017 the idea of now going into a high fee product again was a hard decision.
This is not money we would have put in stock market so we feel it's like making aprox 4% more(hopefully more with the tax benefits) on 100,00 dollars, which would have been the approx. tax hit.
We of course were weighting the capital gains/depreciation recapture tax and Irmaa/ aca all that.
We can be a test case for those interested. I know this is more a subject for biggerpockets but my guess is many here will at least consider this in their future and when I have searched it not many current threads come up. Image may be NSFW.
Clik here to view.
I am helping someone older on DSTs who is not able to decide if they should just take the tax hit from sale or get into DSTs with their specific risks and fees or stay invested in high income RE. Since you have done this recently, I would appreciate if you could share your thoughts.
How is the return from DST sponsor's working in the rising interest rate environment?
If you gave 100k to a RIA for DSTs, how much of it is expected to be invested vs how much is used in fees?
Statistics: Posted by doughmeetsoil — Tue Mar 05, 2024 4:04 pm — Replies 5 — Views 815
