Chicago Multifamily Property Blog

Market Trends, Sales Insights, and Investment Strategies

Explore the latest expert insights on Chicago multifamily property sales, investment strategies, and market trends. Stay informed with valuable updates from our real estate blog.

Inflation and 1031 Exchanges: A Guide for Real Estate Investors (Part II)

Want to sell your management-intensive multifamily property but do not want to buy another property or pay capital gains tax? Consider a Delaware Statutory Trust (DST), which is becoming increasingly popular among accredited investors selling property using a 1031 exchange. Investors are not required to provide additional capital for repairs and maintenance as allocated within the budget. Perhaps most importantly, investors have NO responsibility for operating the properties.

Things to Know Before Starting a 1031 Exchange

If you own an investment property and are thinking of selling it, if suitable, engaging in a 1031 “like-kind” exchange may be a smart move. When done correctly, a 1031 exchange will allow you to defer all or part of the capital gains and depreciation recapture tax you would otherwise need to pay upon completion of your property sale.