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Kiplinger
Kiplinger
Business
Daniel Goodwin

DST Inventory Just Hit a Record $3.9 Billion: What 1031 Exchange Investors Should Do Next

Model of yellow house and a pile of money bags balancing on scales held up by woman's finger, striped blue background.

Meet Mike, a 67-year-old who has owned the same set of small Texas rental properties for 31 years. He's ready to step back.

The tenant calls, the late-night plumbing emergencies, the property taxes that climb every year? He's done. So he sells one of his appreciated properties (the highest-maintenance one!), and starts the 1031 exchange clock.

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