Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC

FOR OWNERS DONE WITH ACTIVE MANAGEMENT

You didn't become an investor to be on call at 2 AM

A Delaware Statutory Trust is the one 1031 replacement option that ends active management entirely. This free guide explains what it is, what it offers, and who it isn't for.

  1. Day 0Sale closes
    Step 1 of 3.
  2. Day 45Identification deadline
    Step 2 of 3.
  3. Day 180Completion deadline
    Step 3 of 3.

What's inside "ABCs of DSTs"

  • What a Delaware Statutory Trust actually is
  • The benefits of passive ownership
  • The restrictions you should understand before you decide

NO SALES PITCH · SECURITIES OFFERED THROUGH CONCORDE INVESTMENT SERVICES, MEMBER FINRA/SIPC

A longtime property owner at home in the evening
Late-night maintenance call

What property owners keep telling us

  • The appliance broke again. The rent is late again. And you're still the one who has to deal with it.
  • Selling feels like the way out — until you see what federal capital gains, state tax, and depreciation recapture add up to together.
  • Exchanging into another rental just hands you a new set of tenants and a new set of repairs.

What a Delaware Statutory Trust is

  1. 01
    Sell the property
    Transfer the relinquished property under a properly structured 1031 exchange.
  2. 02
    1031 exchange
    Under IRS Revenue Ruling 2004-86, a DST interest may qualify as like-kind replacement property.
  3. 03
    DST interest
    You hold a fractional beneficial interest in professionally managed real estate — no day-to-day operations.
  4. 04
    Potential passive income
    DSTs are longer-term, illiquid holds. Any distributions or tax outcomes are potential, not guaranteed.

Ready for the plain-language guide?

Get the free guide
Adam Simon, Fortitude Investment Group

This is education, not a pitch

Everything here is meant to help you understand how 1031 exchanges and DSTs actually work, so you can have an informed conversation with your own tax and legal advisors. Nothing on this page is an offer to sell or a solicitation to buy any security. We teach — you decide.

Important risk disclosures

Real estate investments, including DSTs, involve risk — including illiquidity, loss of principal, vacancy, interest-rate risk, and changes in tax law. DSTs are longer-term, illiquid investments, and the sponsor controls the timing of any eventual sale. Past performance is not indicative of future results.

DST offerings are generally available only to accredited investors as defined under SEC Rule 501 of Regulation D. Any distributions or tax outcomes described are potential, not guaranteed. Prospective investors should read all offering documents carefully before investing.

Ready for the plain-language guide?

The guide "ABCs of DSTs" walks through how a 1031 exchange into a DST works — written for property owners, not for advisors. It covers who qualifies, the exchange timeline, and how the tax math tends to play out.

ABCs of DSTsGet the guide