Dakota REIT's President talks Capital Gain Taxes

08/12/2021

We are excited to announce Dakota REIT’s President, Matt Pedersen, has been invited to participate on a panel with other real estate, tax and investment advisory experts at this year’s CRE Summit located in Omaha, NE. The panel will discuss how to defer capital gain taxes by investing in a private Real Estate Investment Trust (REIT) and the advantages of an Internal Revenue Code (IRC) Section 721 more commonly known as an UPREIT (Umbrella Partnership Real Estate Investment Trust). This is an alternative to the IRC Section 1031.

An UPREIT is a structure that allows real estate investors to exchange their property held for business or investment purposes for units in a REIT as a tax deferred exchange. For more information on UPREIT transactions click here.