Questions
Common questions Investors ask about QI, minimum, deadlines, etc...
Who holds the money / QI?
A Qualified Intermediary holds exchange funds and supports identification paperwork. Use vetted QI services and make contact early to keep exchange funds and timelines on track.
What is the investment minimum?
Please Note: Our investment minimum is $100,000. Must meet certain criteria to be eligible.
What about the 45-day and other deadlines?
After a typical forward closing, you generally have 45 days to identify replacement property. A separate completion deadline also applies. Confirm all deadlines and identification rules with your team. View listings early so you can identify on time.
What if I miss the 45-day identification deadline?
On a typical forward exchange, if you don’t identify replacement property correctly and on time, the deferred exchange is usually at risk; the sale can become taxable. Confirm your exact deadline and notice rules with your counsel. View listings early so you can identify replacement property before the window gets tight.
How do I identify replacement property the right way?
Identification is generally a signed written notice delivered to your QI (or another permitted party) by the deadline. Count calendar days, including weekends and holidays. Confirm the exact form and delivery rules with your advisors before day 45.
How many properties can I identify?
Exchange rules include common safe harbors. Advisors often talk about identifying up to three properties, or identifying more under other value-based limits (sometimes called the 200% or 95% approaches). Most exchangers keep the list simple. Ask your QI and tax counsel which approach fits your file before you lock the notice.
Can I use a DST as 1031 replacement property?
Yes... when the Delaware Statutory Trust is properly structured. A beneficial interest is commonly treated as like-kind replacement property under applicable tax rules (investors and advisors often cite IRS Revenue Ruling 2004-86). Review the offering documents with your team. Use View listings to see DST and other 1031-eligible options during your window.
How do I identify a DST on my notice?
Name the specific trust offering and the dollar amount or percentage interest you intend to acquire. Do not list a vague DST. Coordinate the exact wording with your QI so the notice is unambiguous before the deadline.
Can I change my identification list after I submit it?
During the identification window, you can generally revoke and re-identify in writing with your QI. After the window closes, the final timely list typically controls; you usually can’t add or swap later. Confirm timing with your QI so you don’t treat the first draft as casual.
What is boot in a 1031 exchange?
Boot is value you effectively take out of the exchange, often cash or debt relief, that can be taxable even when part of the exchange still defers gain. Equal-or-greater value and debt-replacement themes matter. Run the numbers with your team before you lock replacements.
Are DST interests liquid if I need out early?
Generally no. DST interests are typically held for a multi-year period, and secondary-market options are limited. If you might need capital soon, talk with your advisors before you identify a DST. Read each offering’s documents for hold and exit realities.
What’s the difference between being accredited and a DST being suitable?
Accreditation is a financial eligibility gate for many private offerings. Suitability is a separate review - goals, liquidity needs, time horizon, and risk tolerance - for whether a specific offering fits you. Both can matter before you subscribe. This site is educational; confirm with the broker-dealer path and your advisors.
When should I engage a QI relative to closing?
For a deferred exchange, engage a QI before you close the sale so proceeds don’t land in a way that creates constructive receipt problems. Your QI and counsel set the file mechanics. Don’t wait until after closing to invent the structure.