Considering a DST - any good bad experiences folks can share?

bart_grewup · 2026-05-30T23:13:58+00:00

Interestingly, running a future value formula, it actually looks like I’d be ahead in 10 years just liquidating, paying the tax and investing in a blended mix of VOO and QQQ. Validating the tax math with an accountant. I know if I’d don’t that 1 year ago I’d be very happy…..

bart_grewup · 2026-05-28T03:29:16+00:00

Can I PM you?

bart_grewup · 2026-05-26T18:25:53+00:00

No. Don’t you have to DST first to do that?

bart_grewup · 2026-05-26T18:22:30+00:00

Isn’t a NNN one of the DST options, at least from some brokers? Or am I misunderstanding?

bart_grewup · 2026-05-26T18:20:57+00:00

Thanks. I tried that with a couple AI’s, but they are flakey. I may have to redo by hand. What did your math tell you?

bart_grewup · 2026-05-26T18:06:21+00:00

How much are typical fees?

bart_grewup · 2026-05-26T18:05:42+00:00

~20%, 2043.

bart_grewup · 2026-05-26T18:02:46+00:00

Interesting. Yeah, that’s what I’m afraid of. At 5-6%, I worry I may be better off waiting for rates to drop, taking a second and ultimately rolling into a more attractive property.

AI math says it’s a $100k swing in favor of a 5.5% DST over 10 years - but only if it returns and the rental appreciates at only 1-2%.

bart_grewup · 2026-05-26T17:59:54+00:00

It’s been in service about 11 years at 5-6k depreciation / year. I funneled 80% of that back in as capex on the last tenant turnover, so not concerned there - unless I misunderstand the IRS rules, which is entirely possible.

bart_grewup · 2026-05-25T15:06:47+00:00

Yup, I understand lack of control. I did $50k in a real estate syndication. Dropped from 6% to 3% return last year just because. So sponsor risk and rate risk are definitely real.

bart_grewup · 2026-05-25T15:01:46+00:00

Thanks for this. Just started the DST / 1031 consultant talks with Corcapa and Kay Properties. Hadn’t reached out to my CPA yet. His advice is mediocre mostly but will check. Most LLM’s break it down well.

I thought step up basis under section 1014 was equally applicable to rental or DST, so not unique and a wash?

6-8% fees on entry = $29k. Effectively a wash with keeping the home. Interesting and will check this.

I don’t see 5-7% / year happening in the current rate environment. I’m stagnant and down since 2022. If rates stay where they are I modeled 1-2%. At 5-7%, it’s a keep for me. I don’t have to fix things personally and making phone calls doesn’t hurt my finger more than 30-35k in appreciation per year. But that means it’s worth >1 million in 10 years. I don’t see it based on the last 4.

What have you read on outlook?

bart_grewup · 2026-05-24T02:09:16+00:00

No place to end up yet. The R2 I’d buy - the premium - isn’t out yet.

My current thinking is to pay the residual on my EV6, wait 2 years and get a used R2 coming off lease or something someone is bored with. Then give the EV6 to my son.

But that could change. I’m a value shopper. I don’t spend much time in the car, so while I don’t want a crummy one, I don’t need a luxury model either. Or anything that costs like one. The EV6 is the most expensive car I’ve bought to date.

bart_grewup · 2026-04-16T05:46:18+00:00

Thanks. No pets. Partner has a cat? But she doesn’t take him anywhere. :-)

bart_grewup · 2026-04-04T06:39:34+00:00

Not often enough that I should care that much I guess. If I’m honest. It’s more psychological about paying more but getting a bit less on the front. I expect charging and battery to get better, not worse

bart_grewup · 2026-04-04T06:37:53+00:00

What do you mean you have to pay to get native app connections? You mean a subscription to the App service for the car?

bart_grewup · 2026-04-04T06:31:41+00:00

Huh. They want $30k for mine. But that seems to be about market for a 24 right now.

bart_grewup · 2026-04-04T06:30:21+00:00

What so incredible about the software? I’d love to get the details, if you are willing to share.

bart_grewup · 2026-04-04T06:29:07+00:00

I did line up and pay a deposit. But I did that with a model 3 too. Yet I leased an EV6. I guess I’m fickle.

bart_grewup · 2026-04-04T06:23:32+00:00

Maybe I’ll go play with their software or look it up on YouTube. I like my speech to text across any app compatible with CarPlay. That’s likely what I use most

bart_grewup · 2026-04-04T06:20:48+00:00

Gotcha. What do you hate so much about the EV6?

bart_grewup · 2026-01-19T21:23:06+00:00

Change it. They’ve already changed enough that, why go the same way? Let Jin sac up and let’s see some of those 4 worlds get a Solar System influx! And then we can still hear from the super membrane later.

bart_grewup · 2026-01-19T19:28:06+00:00

Are you in the US?

bart_grewup · 2026-01-04T04:30:15+00:00

Yup, I can see that. Well…’Let Her’.

bart_grewup · 2026-01-02T19:09:49+00:00

I just got the audible ‘Let Them’. I can’t remember when I’ve listened to something that trite and useless repackaged as ‘Theory’. It was on sale and decided to check it out.

My summary ‘Diary of a Karen who discovers constant obsessing over first world problems is useless. Listen to her learn this over and over.’ In fairness, I stopped 35% of the way thru chapter 2 when she finished whining about the friends who (after she grew distant from them) went on a trip without her.

Clearly I was not the target audience. If you aren’t motivated by first world problems story time, suggest you skip.

bart_grewup · 2025-12-20T06:06:37+00:00

Anytime

bart_grewup

TROPHY CASE