One of the most important questions Delaware Statutory Trust real estate investors need to ask themselves is, “What is my longterm, exit strategy?” Most Delaware Statutory Trust (DST) investments are typically held for approximately 510 years (although it could be shorter or longer). After that, the DST investment will typically go “FullCycle”, a term used to describe a DST property that is purchased on behalf of investors and then after a period of time is sold on behalf of investors. While the two most common exit strategies for DST investors include cashingout and paying taxes or continuing with another 1031 Exchange, a third optiion exists for investors in the form of a 721 UPREIT. What is a 721 UPREIT Exchange? The term “UPREIT” is short for Umbrella Partnership Real Estate Investment Trust, which is an operating partnership subsidiary of a REIT that holds and operates real property. Section 721 of the Internal Revenue Code allows owners of real estate property to contribute, on a tax deferred basis, their physical property to a partnership, in exchange for interests in the partnership ( a 721 Transaction). This structure allows holders of real estate to exchange real property for economic interest in the REIT in the form of operating partnership units by contributing that property to the partnership in a 721 Transaction. The operating partnership units have economic rights that are identical to the rights of the shares of the REIT, and after a designated holding period can be, if the investor chooses to, converted into shares of the REIT (in a taxable transaction) for liquidity purposes. Investors seeking to defer capital gains taxes while increasing diversification in real estate should consider using a 721 Exchange to realize the several potential benefits that are explained in this informative podcast episode hosted by Dwight Kay, Founder and CEO of Kay Properties & Investments. Register for FREE access to the Kay Properties Marketplace of Delaware Statutory Trust listings here: https://www.kpi1031.com/marketplace/ To learn more about Delaware Statutory Trusts here: https://www.kpi1031.com/resources/ All DST properties shown are regulation D Rule 506(c) offerings and are subject to availability. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million exclusive of primary residence, and/or possessing an annual income of over $200,000, or $300,000 with a spouse and expects the same or greater for the current year) and accredited entities (generally described as an entity owned entirely by accredited investors and/or owning investments in excess of $5 million). Please check with a qualified CPA or attorney to determine if you are accredited. There is no guarantee the offerings shown will be available for purchase. Do not consider this material to be tax or legal advice. Please consult your CPA or attorney prior to investing. All real estate and DST properties contain risk. Past performance does not guarantee or indicate the likelihood of future results. Diversification does not guarantee returns and does not protect against loss. Securities offered through FNEX Capital LLC member FINRA, SIPC