Securities offered through registered representatives of Great Point Capital LLC. Member FINRA/SIPC. OSJ Address:
200 W Jackson #1000
Chicago, IL 60606
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This material has been prepared for accredited investors.
IRC § 1031 is a complex tax concept; therefore you should consult your legal or tax professional regarding the specifics of your particular situation.
Please consult with your CPA and Attorney to determine if you and/or your investment entity qualify as an accredited investor and if an investment in real estate and Delaware Statutory Trust (DST) properties is suitable for you.
This material is not to be construed as tax or legal advice.
There are material risks associated with investing in real estate and DST properties including but not limited to: tenant vacancies, potential loss of entire principal invested and illiquidity.
Potential cash flows and returns are not guaranteed and could be lower than projected. Investors have to consider their entire investment plan, estate plan, goals and objectives to ensure that have adequate and sufficient amounts of liquidity with other assets to meet any foreseeable or unforeseeable expenses and/or liabilities.
Certain risks may exist in using leverage in DST’s. Using leverage may increase risk and volatility in the DST.
I understand that, as with other forms of real property ownership, I have an unlimited liability as an owner of the DPP and property. While insurance coverage may be obtained against liability for property damage and personal injury at the expense of the owners, I will be at risk to the extent there is no insurance coverage for any reason.
Investors may be affected in different ways by state and local taxes, such as income taxes, franchise taxes, privilege and use taxes, and other taxes and fees. These taxes may require an investor to file state income tax returns in the state(s) that the DST owns properties in.
The Private Placement Memorandum (PPM) should be reviewed in its entirety, each investment has its own set of risks that should be considered. The PPM is the only determining document.
Like most real estate investments, DPPs are considered long-term (buy and hold) investments with an indefinite holding period and little or no opportunity to sell it or withdraw funds. There is currently no efficient market to sell this type of investment, and if a market develops, the price may be far less than originally paid.
DST investments typically are held for five to 10 years and may even be held for longer.
Investors have no right to participate in the day-to-day management of the properties. Investors have to rely on third parties for management of the property.
Great Point Capital LLC representatives nor the Real Estate Sponsor Company of this investment are able to provide accounting, tax or legal advice.
If this investment is part of a IRC § 721 Exchange/REIT conversion I understand that I will no longer be able to perform a IRC § 1031 exchange upon the sale of my REIT shares/OP units and that I will likely have a taxable event. The IRC § 721 Exchange/REIT conversion will not guarantee against loss of principal or loss of value.
Neither Great Point Capital LLC, its affiliates, its registered representatives nor its agents are examining or analyzing any prospective investor’s circumstances to determine whether such investor’s acquisition of property qualifies as a IRC § 1031 Exchange. No assurance or opinion is being provided to the effect that any individual prospective investor’s transaction will qualify under IRC § 1031. Such examinations or analyses are the sole responsibility of each prospective investor, who must consult with his or her own independent legal, tax, CPA, accounting and financial advisors prior to purchasing a DST.
We recommend a complete review of the programs risks.
This information is from sources we believe to be reliable however we cannot guarantee or represent that the information is accurate or complete.
Past performance is no guarantee of future results.
DST’s are long-term investment with an indefinite holding period and little or no opportunity for me to sell it or withdraw funds and are considered illiquid investments.
All DST Properties shown are subject to availability. There is no assurance that the DST Properties shown will be available.
Securities offered through registered representatives of Great Point Capital LLC , Member FINRA and SIPC. Passive Realty Group and Great Point Capital LLC are separate entities. Any information provided on this site has been prepared from sources believed to be reliable, but is not guaranteed by Passive Realty Group or Great Point Capital LLC and is not a complete summary or statement of all available data necessary for making an investment decision. Any information provided is for informational purposes only and does not constitute a recommendation. This site is only intended to be used in the following states CA,CO,TX,FL,AZ,WA,IN,AK,CT,DE,GA,HI,ID,IL,IA,LA,MO,NJ,NY,OH,OR,PA,SC,TN,UT,VA,WV and PR. FINRA’s BrokerCheck