Episode #59: Delaware Statutory Trusts with Chay Lapin

The Millionacres Podcast

This episode is sponsored by Urban Catalyst.

Taxes can loom large in our lives but one of the great things about investing in real estate in the first place is that there are structures that can help. One of them is DSTs, Delaware Statutory Trusts. If you've never heard of these or you, like me, are curious to learn more this is the podcast for you. Chay Lapin of Kay Properties explains what investors need to know about DSTs and how to use them in investing.

0:00 Introduction

1:36 What is a DST?

2:47 Why were DSTs created

3:38 How is a DST different from a 1031 exchange?

5:31 Can DSTs be used in fractional ownership

7:41 Can you go from a crowdfunded deal to a DST?

11:51 How do 1031 exchanges work to protect you from taxes?

13:17 Do you have to be accredited to use DSTs?

14:03 What is the average minimum investment on the Kay Properties platform?

16:04 Which investors is a DST right for?

18:17 Could new potential legislation impact DSTs?

21:22 Urban Catalyst ad

23:21 Diversifying with DSTs

25:08 What types of investments are available?

27:10 What is the operating structure of a DST?

29:34 Sponsor communication

31:13 Geographic and sector diversification

34:08 Property sourcing

35:29 Due diligence

38:55 Non-recourse financing

40:08 The education process for investors

42:02 Hold times on DSTs

43:59 Current deal flow

46:28 How Chay's past as an Olympic athlete connects to real estate investing