What You Should Know About the Cannabis CRE Market
DST 1031 Exchange: What is it and How Might it Help with my Current 1031 Exchange?
Weed, pot, grass, marijuana or cannabis — no matter what you call it, this plant is shaking up voting booths and real estate markets across the country.
It’s one of the fastest growing niches in the industry, but thanks to legal problems, funding difficulties, and general wide scale uncertainty, it’s no surprise brokers have been a little slow to embrace cannabis real estate.
BOUGHT IN THE USA
So you’ve decided to do a 1031 exchange, meaning you have decided to sell your property and invest that money in another property in order to defer the federal capital gains tax, state capital gains tax, depreciation recapture tax and the Medicare surtax. Smart!
But are you just moving from one headache to another? If you’re looking to retire from property management but you still want to defer your taxes using a 1031 exchange and keep your invested money working for you, you might be interested in learning about a DST.
Rising interest rates, escalating trade tensions, the longest streak of monthly employment gains on record—these are just a few examples of new factors affecting the U.S. investment climate since last summer.