20-Year-Old Tax Shelter May Be The ‘Way Of The Future’ For America’s Aging Property Owners Wealthy baby boomers seeking to wash their hands of active property management in favor of passive investment opportunities are increasingly turning to a two-decade-old vehicle that is enjoying new interest — and a growing number of competitors vying for their dollars.
Delaware Statutory Trusts, which make use of 1031 tax exchanges and allow investors to shelter real estate properties from taxes, have been around since just after the turn of the millennium. But a rapidly aging generation is driving record equity into the market and a spate of new offerings and players… Read the full story here. |