Kay Properties Jason Salmon speaks with DST Sponsor Andy Wang of Passco

<p>Welcome to Sponsor Stories with Kay Properties — An in depth look at over 25 Delaware Statutory Trust (DST) Sponsor Companies that investors have access to on the <a href= "http://www.kpi1031.com">kpi1031.com</a> marketplace. The <a href= "http://www.kpi1031.com">kpi1031.com</a> platform not only provides access to these 25+ different sponsor companies, but also custom DSTs only available to Kay clients, full due diligence and vetting on each DST property on the platform (typically 20-40 DSTs), and an active DST secondary market. Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 15 Billion of DST 1031 investments.<span class= "Apple-converted-space"> </span></p> <p> </p> <p>Today, you will be hearing from our Senior Vice President and the Managing Director of Real Estate Analytics, Jason Salmon as he interviews Andy Wang of Passco about keeping the risk minimal for his retired clientele, why new apartment complexes are his preferred investment asset class, and Passco’s extensive 20+ years of experience in the marketplace.</p> <p> </p> <p>Key Takeaways:</p> <p>[3:00] Customer risk and disclosures.<span class= "Apple-converted-space"> </span></p> <p>[5:20] A little bit about Kay Properties.</p> <p>[6:40] Andy gives a brief overview of what a 1031 exchange is and how a DST fits into that.<span class= "Apple-converted-space"> </span></p> <p>[9:45] Passco is a DST sponsor. What does it mean to be a DST sponsor and how does it work?<span class= "Apple-converted-space"> </span></p> <p>[11:05] What has Andy’s experience been with Kay Properties?<span class="Apple-converted-space"> </span></p> <p>[13:00] A lot of Passco’s clients have done 1031 exchanges themselves and are faced with a huge tax bill.<span class= "Apple-converted-space"> </span></p> <p>[14:00] Andy likes to focus on new apartment complexes because it means the risk of repairs and unexpected problems is minimal.<span class="Apple-converted-space"> </span></