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Not every investor needs to roll exchange proceeds into another actively managed property. Fortunately, there are alternative replacement property options that may still qualify under 1031 rules.
In this webinar, we’ll explore Delaware Statutory Trusts (DSTs) and other replacement property structures, including how they work, when they may be appropriate, and what professionals should understand before recommending them. We’ll discuss benefits, limitations, and due-diligence considerations so you can help clients evaluate whether a more passive approach aligns with their goals.
This session is ideal for advisors and investors seeking flexible solutions in a changing real estate landscape.
1031 Exchange
Selling investment or business property requires you to pay taxes on the profit from the sale. But, did you know that if you wish to reinvest, it is possible to defer paying the tax and use the entire amount of equity from the exchange to acquire substantially more replacement property?
Business Banking
Running a small business and juggling all the tasks that come with it, isn’t easy. That’s why, business owners turn to Northern Bank for the simple solutions they need.
Business Banking
In an age of constant connectivity, text messages are a daily norm. But what do you do when a text feels off?
Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $3.17 billion with 12 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.
Contact us now to learn more about how Northern Bank can help you realize your goals and dreams.