ADISA Publishes A Guide to DST 1031 Best Practices (2022)
INDIANAPOLIS, Nov. 30, 2022 /PRNewswire/ -- ADISA, the nation's largest trade association for the alternative and direct investment space, announced today the publication of A Guide to DST 1031 Best Practices (2022), a manual designed to highlight certain best practices related to Delaware statutory trusts (DSTs), which are the preferred structure used to facilitate securitized 1031 exchanges.
- INDIANAPOLIS, Nov. 30, 2022 /PRNewswire/ -- ADISA, the nation's largest trade association for the alternative and direct investment space, announced today the publication of A Guide to DST 1031 Best Practices (2022), a manual designed to highlight certain best practices related to Delaware statutory trusts (DSTs), which are the preferred structure used to facilitate securitized 1031 exchanges.
- "As more investment sponsors enter the 1031 market, ADISA sought to provide a set of best practices for these sponsors, as well as investors and advisors who are evaluating a possible offering.
- ADISA first published its guide to certain tenant-in-common (TIC) best practices in 2006, when TICs were the dominant structure used in securitized 1031 exchange offerings.
- A Guide to DST 1031 Best Practices (2022) covers a variety of topics related to DSTs and 1031 exchanges, including the history and foundational principles; like-kind exchanges; private placement memorandums and disclosures; due diligence; DST securities practices; and general DST restrictions, benefits, and structures.