Answer
Mar 28, 2024 - 04:49 PM
You trade the beneficial interest in the DST for operating partnership units, which mirror REIT shares. Converting operating partnership units to shares creates a taxable event.
Do you get shares from the partnership when it's converted to a 721? How 1031 Exchange Investors Can Use the 721 Exchange as a Powerful Real Estate Investment Strategy
Do you get shares from the partnership when it's converted to a 721? Do you trade the technical class of ownership?
Question ID: 6604754 Status:
Open Jun 06, 2024 - 03:54 PM
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