What is a DST?
A Delaware Statutory Trust (DST) is a legal structure that holds commercial or residential real estate and allows multiple investors to own fractional, passive interests.
For people doing a 1031 exchange, a DST can be a quick, straightforward replacement property that preserves tax deferral without the headaches of active management.
Think of it as buying a piece of a professionally managed property instead of buying and running the whole thing yourself.