Baker 1031 Insights
Educational research on 1031 exchanges, DSTs, and the real estate markets — written for investors weighing a sale.
The 45-Day Window: Rates, Replacement Property & the 2026 DST Pipeline
Lower long-term rates have reopened the acquisition math for institutional real estate, but the 45- and 180-day exchange clocks are as unforgiving as ever — a look at where replacement-property supply is building across the DST pipeline.
721 Exchanges: Trading Property for a Portfolio
How an UPREIT contribution converts a single property into a diversified REIT position — the trade-offs, the tax deferral, and why a 721 is generally a one-way door.
Reading the Cap-Rate Signal in Necessity Retail
Grocery-anchored and net-lease retail have held up through the cycle. What current cap rates suggest about pricing, and where the durable income sits.
Opportunity Zones After the 2025 Reforms
The One Big Beautiful Bill Act made Opportunity Zones permanent and reset the timelines. What changed, what a 10-year hold now means, and who it fits.
How We Vet a DST Sponsor Before You See the Offering
Track record, tenure, financial strength, and how a sponsor treats investors through a full cycle — the independent review that happens before an offering reaches you.
Debt Replacement: Why Your Exchange May Need Leverage
To fully defer, replacement property generally must carry equal or greater debt. How pre-arranged, portfolio-level financing meets the requirement — and when a debt-free option makes sense.
Industrial vs. Multifamily: Where Full-Cycle Returns Came From
A look back at realized full-cycle programs across property types, net of fees — what drove returns, and why diversification across sectors mattered.
Depreciation Recapture and the Real Cost of Selling
Capital gains are only part of the bill. How depreciation recapture changes the math on a sale, and how a 1031 exchange defers both.
Educational information only — not tax, legal, or investment advice, and not an offer or solicitation. Any investment is made solely through a sponsor’s private placement memorandum, available to accredited investors following a suitability determination.