Answer
Feb 13, 2025 - 11:30 AM
You can put any fraction of your gain into a DSD. That's a great question that I probably didn't mention. Even though most of our clients, maybe 80% of our clients are giving us the entire amount of their proceeds from their sale to reinvest. We do have clients in the classic example I use is you sell a $5 million property and then you found a perfect $4.5 million replacement. But now you have this $5 million chunk that you would need to reinvest in order to avoid taxes. And you have nowhere to put that. DSTs are perfect for what I call those stub amounts. Some random amount that you, because the fact that your replacement property was less than your relinquished property and we are not too proud to take your stub amount. We do it all the time. And other than the minimum amount, there's no incremental requirement. So any odd ball amount of money down to some random change, you can invest in a DST as long as it's more than the minimum from that offering.