Sourcenet Investment Services, LLC

You worked hard for your money, keep your money working hard for you.
The 1031 exchange strategy was designed to do just that.

Sourcenet Specializes in Section 1031 Tax Exchanges Utilizing DSTs

• We’ve been conducting 1031 Exchanges with real estate investors for over 20 years
• We have placed over 77+ million in Exchanges over the last 5 years
• We have 35+ years Real Estate experience
• We analyze and explain to investors the 1031 Exchange process and Replacement Properties used in the Exchange

What is a 1031 Tax Deferred Exchange?

The process of sheltering tax owed upon sale of Real Estate. When you sell appreciated investment real estate and “Exchange” it into “Replacement property,” Section 1031 of the tax code allows you to defer capital gains on the sale of the property. Depreciation recapture is also sheltered. It may also preserve the stepped up basis for heirs.

• Exchangers have 45 days to identify property to buy (“Replacement Property”) 
• The purchase must be completed in 180 days

What is a Delaware Statutory Trust?

A specialized trust deemed to qualify for 1031 Exchanges that contains investment property. Investors own a designated percentage. Sourecnet sources available DSTs that have gone through the due diligence and disclosure process of securities offerings. The intent is to provide transparency for all material facts that may impact the property’s value. Securitized investments are offered through Registered Representatives of Broker Dealer members of FINRA.

 

Sourcenet recommends DSTs containing the type of property that “Institutions” purchase for their portfolio.

• Usually denotes a higher investment quality
• Structured to provide stable long-term income.
• “Institutions include Insurance companies, Pension Funds, University endowments, etc.

Our Team:

Jack Creighton, Founder and CEO

Jack is a former Commercial Real Estate Broker, with over 30 years of investment experience, including owning, operating, and managing investment real estate, loan origination, and developing real estate investment public policies. Jack holds series 7, 63, and 65 security registrations as a Registered Representative, an Investment Advisory Representative. He also serves on the ADISA Legislative and Regulatory Committee.

 

Kristin Creighton, Director of Strategy & Operations

Since 2018 Kristin has been facilitating 1031 exchanges, from operations to equity allocations. Coming from owning and operating a small marketing business herself, she understands the unique challenges entrepreneurs face. Kristin holds 7, 63 and 65 security registrations as a Registered Representative.

Securities offered through DAI Securities, LLC, member FINRA/SIPC. Advisory services offered through DAI Wealth, LLC, an SEC Registered. Investment Adviser. DAI Securities, LLC and DAI Wealth, LLC are separate, but affiliated, entities.

Categories: Consultants Estate Planning 1031 Exchanges