Kay Properties Matt McFarland and Chay Lapin Offer an Overview on the 721 Exchange

<p>Welcome to DST 1031 Essentials with Kay Properties — An in-depth look at the many recurring themes and nuances of the Delaware Statutory Trust (DST) investment process.</p> <p> </p> <p>Topics will cover 1031 exchanges, ins and outs of the Delaware Statutory Trust structure, timing, cash investing, REITS, funds, real estate, and more.</p> <p> </p> <p>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 150 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.</p> <p> </p> <p>In this week’s episode, Vice President Matt McFarland sits down with President Chay Lapin to talk about the 721 exchange and how it can benefit their investors. There are both pros and cons to the 721 exchange that Chay outlines in this podcast episode. Listen in for more to find out if this is an option that makes sense for your portfolio.<span class="Apple-converted-space"> </span></p> <p> </p> <p>Key Takeaways:</p> <p>[1:05] Risks and disclosures.</p> <p>[4:05] A little bit about Kay properties.</p> <p>[4:45] Matt introduces Chay and today’s topic.</p> <p>[5:35] What is a 721 exchange?</p> <p>[8:15] What are the benefits of a 721 exchange?<span class= "Apple-converted-space"> </span></p> <p>[11:50] REIT or 721 funds allow investors to exchange their ownership interest for operating partnership units in the real estate investment fund.</p> <p>[12:20] You have to do a 1031 exchange first into a DST, and then you can do a 721 exchange to exit out of the DST.</p> <p>[13:25] What are some of the disadvantages of a 721 exchange?</p> <p>[16:20] There are some tax considerations when doing this exchange that you should consult with a CPA on.</p> <p>[19:25] What’s the d