Bostonia Properties

I recently had a clients who sold their investment condo in Boston. They wanted to avoid paying capital gains, and they didn't want to do a traditional 1031 exchange which would require them to purchase a replacement property. They accomplished their goal by combining a 1031 exchange with a Delaware Statutory Trust which allowed them to reinvest their sale proceeds into a real estate fund that is developing student housing. My clients have a percentage interest, and the fund is professionally managed. They still receive a monthly income and are getting the benefit of capital appreciation. If you're thinking of selling your investment property but are holding off because of the daunting thought of capital gains tax, the Delaware Statutory Trust in combination with a 1031 Exchange may be the right option (this is not tax advice). If you want to discuss this option, please give me a call. Kate Duggan with Bostonia Properties, 617-418-9882, , [email protected]

Contact Kate to schedule a viewing. [email protected], 617-418-9882

2 Unit Property in Lynn for $469,000 Photos, maps, description for 20 Wilfred St Lynn, MA. Search homes for sale, get school district and neighborhood info for Lynn, MA on bostoniaproperties.com -- Real Estate Search.