09/23/2022
What is Deferred Sales Trust?
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What is a Deferred Sales Trust and why are so many high net worth individuals using it so effectively in their wealth building plan? In this video, you will learn all about deferred sales trust and how to take advantage of this little known secret of the wealthy.
Deferred Sales Trust Explained
A deferred sales trust is a tax deferral strategy which the proceeds from the sale of a property are placed into a trust to be reinvested, and the payments are deferred until a later date. The deferred sales trust can be used to defer capital gains tax on the sale of any highly appreciated asset, which can be beneficial for investors who are looking to sell a property but do not want to pay the tax on the sale or have to adhere to like kind and time constraints. The deferred sales trust can also be used to generate income in retirement, as interest earned on the principal are taken as distribution payments from the trust can be used to supplement other sources of income. The DST is powerful tool for investors looking to sell assets while minimizing their tax liability.
Pierceson York - DRE # 02007593
Luxury Real Estate Agent at eXp Realty
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Phone 916.878.0903
YouTube: https://tinyurl.com/3t4a6mzb
This content shall not be construed as tax, legal, insurance, financial advice, or other & may be outdated or inaccurate; it is your responsibility to verify all information. These Youtube videos are for entertainment purposes ONLY. This video is for educational purposes and is solely intended to provide an overview on how the DST works and can be implemented. Pierceson York does not provide legal, tax professional services, or advice. Each transaction and individual circumstances vary widely and participants are strongly urged to seek independent legal, tax and professional advice.
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What is a Deferred Sales Trust?
