[quote=SK in CV][quote=flu]So question… Anyone know what a ” Deferred Sales Trust ” is, and how is it different from a 1031 exchange?[/quote]
A “deferred sales trust” is where the cash goes in between the sale of the 1st property and the purchase of the 2nd property for a 1031 exchange. Typically done by what’s called a 1031 accommodator.[/quote]
Can it be used to defer capital gains to prolong when you need purchase a replacement property ? If so how does it work?
For example, hypothetically, if I think real estate is at peak, and sell now, but want to wait, for example, 2 years before I buy a replacement property, is there any way to defer the capital gains from the sales of the first property by using some legal way to extend a property “exchange”?
