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LuckyPanda

04/24/20 8:28 PM

#622863 RE: newflow #622856

newflow, thanks I've read that page before. It offers some insight into how DST can isolate and protect the assets in remote bankruptcy from creditors of the beneficial owners (done!) but doesn't say anything about the return process of those assets once the bk is terminated (???)
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Split T

04/26/20 8:59 PM

#623045 RE: newflow #622856

This may open some eyes to what is going on....

"Like Kind Exchanges Under Section 1031 of the Internal Revenue Code – DSTs are frequently used to hold “replacement property” in like kind exchange transactions structured to comply with Revenue Ruling 2004-86"

ttps://www.morrisjames.com/newsroom-articles-292.html