What a 721 UPREIT Exchange Actually Is: Inside JLL Income Property Trust's $1.5B Track Record
    Real Estate

    What a 721 UPREIT Exchange Actually Is: Inside JLL Income Property Trust's $1.5B Track Record

    On August 18, 2026, JLL Income Property Trust completed its 20th full-cycle 721 UPREIT transaction, converting a two-property Delaware Statutory Trust worth about $1.3 million more than when it was syndicated into...

    Jeff Barnes, MBA··11 min read
    1031 Crowdfunding Review: What This DST Marketplace Actually Costs You
    Real Estate

    1031 Crowdfunding Review: What This DST Marketplace Actually Costs You

    TL;DR: 1031 Crowdfunding is an online marketplace that aggregates Delaware Statutory Trust (DST) offerings from outside sponsors, letting accredited investors complete a 1031 exchange without buying and managing a whole...

    Jeff Barnes, MBA··11 min read
    DST Sponsor Comparison: Cove Capital vs. Inland vs. JLL Exchange for 1031 Exchange Investors
    Real Estate

    DST Sponsor Comparison: Cove Capital vs. Inland vs. JLL Exchange for 1031 Exchange Investors

    Three real DST sponsors dominate conversations among 1031 exchange investors in 2026: Cove Capital Investments, with its all-cash debt-free philosophy and a portfolio over 3.7 million square feet; Inland Private Capital...

    Jeff Barnes, MBA··13 min read
    The 45-Day 1031 Exchange Clock: A Section-by-Section Survival Checklist
    Real Estate

    The 45-Day 1031 Exchange Clock: A Section-by-Section Survival Checklist

    TL;DR: The 45-day identification deadline in a Section 1031 exchange is absolute. There is no extension for a slow closing, a lost contract, or a holiday weekend, per Treasury Regulation §1.1031(k)-1...

    Jeff Barnes, MBA··10 min read
    Medalist Diversified's Debut DST Just Closed. Its NASDAQ Listing Is the Real Story.
    Real Estate

    Medalist Diversified's Debut DST Just Closed. Its NASDAQ Listing Is the Real Story.

    TL;DR: Medalist Diversified, Inc. (NASDAQ: MDRR) closed its debut Delaware Statutory Trust offering on August 7, 2026, raising $8,586,240 in equity from accredited 1031 exchange investors against a...

    Jeff Barnes, MBA··11 min read
    Kay Properties vs. Passco Companies: How Two DST Sponsors Actually Differ for 1031 Exchange Investors
    Real Estate

    Kay Properties vs. Passco Companies: How Two DST Sponsors Actually Differ for 1031 Exchange Investors

    TL;DR: Kay Properties & Investments is a marketplace. It doesn't sponsor its own DSTs; it gives investors access to offerings from more than 25 different DST sponsor companies and helps them pick and...

    Jeff Barnes, MBA··11 min read
    DST Fundraising Is on Pace for a Record 2026. Here's What 1031 Investors Need to Know.
    Real Estate

    DST Fundraising Is on Pace for a Record 2026. Here's What 1031 Investors Need to Know.

    TL;DR: Delaware Statutory Trust (DST) equity fundraising hit approximately $4.5 billion through June 2026, up 22% year-over-year, following a record $8.41 billion raised in 2025. Updated Mountain Dell

    Jeff Barnes, MBA··11 min read
    DST to 721 Exchange: Convert Your Delaware Statutory Trust Into a UPREIT Without Capital Gains
    Real Estate

    DST to 721 Exchange: Convert Your Delaware Statutory Trust Into a UPREIT Without Capital Gains

    DST to 721 Exchange: Convert Your Delaware Statutory Trust Into a UPREIT Without Paying Capital Gains DST to 721 Exchange: Convert Your Delaware Statutory Trust Into a UPREIT Without Paying Capital...

    Jeff Barnes, MBA··9 min read
    The 721 Exchange: How Accredited Investors Turn a 1031-DST Into Liquid REIT Shares
    Real Estate

    The 721 Exchange: How Accredited Investors Turn a 1031-DST Into Liquid REIT Shares

    DST equity raised hit $8.41 billion in 2025, up 49% year-over-year from $5.66 billion in 2024, and Mountain Dell Consulting projects $10-11 billion for 2026 — a big chunk of that capital is chasing a

    Jeff Barnes, MBA··10 min read
    Two DSTs Just Sold Out. Here's the 721-Exchange REIT Roll-Up Behind Them
    Real Estate

    Two DSTs Just Sold Out. Here's the 721-Exchange REIT Roll-Up Behind Them

    Two sponsors closed the same trade this week, and it tells you where the DST business is headed. On July 2, 2026, ExchangeRight announced it had fully subscribed its Essential Income 7 DST , a $38.95...

    Jeff Barnes, MBA··9 min read
    1031 Exchange Guide 2026: Rules, Timelines, and What Accredited Investors Actually Need to Know
    Real Estate

    1031 Exchange Guide 2026: Rules, Timelines, and What Accredited Investors Actually Need to Know

    1031 Exchange Guide 2026: Rules, Timelines, and What Accredited Investors Actually Need to Know TL;DR: A 1031 exchange lets you sell investment real estate and defer capital-gains tax indefinitely by...

    Jeff Barnes, MBA··11 min read
    1031 Exchange: The Tax Deferral Strategy Every Real Estate Investor Needs to Know
    Real Estate

    1031 Exchange: The Tax Deferral Strategy Every Real Estate Investor Needs to Know

    TL;DR: You sell an investment property with a $1.2 million gain. At a combined federal rate of 23.8%, you owe $285,600 to the IRS. A properly executed 1031 exchange defers every dollar of that bill...

    Jeff Barnes, MBA··11 min read
    The 1031 Exchange: How to Defer Taxes Legally on Real Estate Sales (and the Rules That Can Blow It Up)
    Real Estate

    The 1031 Exchange: How to Defer Taxes Legally on Real Estate Sales (and the Rules That Can Blow It Up)

    TL;DR: Real estate investors deferred $13.2 billion in capital gains taxes last year using IRC Section 1031 . Total annual transaction volume supported by the provision runs $100 billion, per the

    Jeff Barnes, MBA··11 min read