1031, DST, & Me

When it comes to tools available for real estate investment, the options can be overwhelming. Every choice seems to come with stringent deadlines or severe limitations and, in some cases, both. Kay Properties & Investments wants to let investors know about an opportunity that seems to be flying under the radar. “A lot of people still don’t know about the 1031 DST structure,” says Dwight Kay, the company’s founder, and CEO, who has published multiple white papers on the topic of DSTs as well as a book on the subject. After working for a national commercial real estate brokerage firm, Kay began focusing on 1031 exchanges, helping his clients move from management-intensive properties, via the 1031 exchange, into more passive options. He started Kay Properties as a way to do that exclusively and has seen the company grow to 19 team members to date. “Business is booming,” Kay says. “Last year, we helped our clients purchase around $300 million-plus of investments in these 1031 DST vehicles.” Click to read more at www.rednews.com.