How We Work Together With Accountants
There is probably no single professional out there more knowledgeable about an investor's complex financial situation than their Certified Public Accountant.
As a CPA, you are often more in touch with your clients regarding their assets and investments than even their financial advisors are.
As such, you are in the "front line" when it comes to being able to help them avoid costly capital gains taxes on the sale of their investment properties in the year they sell.
You are certainly familiar with a 1031 Tax-Deferred Exchange. However, the problem with them is that sometimes your clients no longer wish to be burdened with the responsibilities and hassles of being a landlord.
Well, a lesser-known alternative to this problem is the use of a Delaware Statutory Trust, or DST.
A DST is a unique, "like kind" exchange alternative to the traditional Replacement Properties approved by the IRS which investors may use to defer capital gains taxes. However, instead of purchasing an apartment building, shopping center or single-family home with the proceeds of their investment property sale, the seller of an investment property can simply opt to purchase a DST, which is as easy as purchasing a mutual fund from a licensed Financial Advisor.
Of course, the purchase of any security, including a DST, is subject to strict suitability and regulatory rules, a service which only a licensed Registered Representative is qualified to offer. We would like to connect you with such a specialist, based on your clients' needs, that will work closely with you as a "team" in order to help your clients. Generous referral compensation is offered, where permitted.
Please reach out to us at (775) 7-RETIRE, or (775) 773-8473 and let's discuss how we can work together.