Contact Us

Ronald Cole
President and Founder
Cole 1031 Solutions

Servicing Clients in:
CA, WA, MA, NY, NJ, MD, FL, NH, ME, RI, CT, PA, KY, OH, AK, MN, VA

Office: 646-477-6338
Ronald@cole1031solutions.com

By way of introduction, I have 37 years of experience in the financial services industry working with top tier investment firms that include Kidder Peabody, L. F. Rothschild, CIBC World Markets and Deutsche Bank. Several years ago, I founded Cole 1031 Solutions, a company dedicated to working with HNW individuals that own investment real estate, providing solutions for IRC §1031 Tax Deferred Exchanges utilizing a Delaware Statutory Trust. 

Section 1031 of the Internal Revenue Code allows investors to defer paying capital gains taxes on investment property sales by reinvesting the proceeds into a similar investment property within a specified time frame. Securitized 1031 exchange programs are structured as securities and sold through the broker-dealer community.

Delaware statutory trusts use the 1031 exchange guidelines, but instead of an investor attempting to identify a replacement property on their own, a sponsor acquires the replacement property and sells DST shares to a number of investors – up to 2000 different investors are eligible to purchase interests in a single DST. The DST structure is ideal for clients looking to alleviate the management responsibilities of real estate ownership.

Many people I work with are familiar with a 1031 exchange, although I find that many professionals including real estate investors, CPAs, real estate brokers and even real estate attorneys do not know about the possible use of a Delaware Statutory Trust (DST) which may be used to complete a 1031 exchange. My role as a financial advisor is providing access to institutional quality real estate structured as a Delaware Statutory Trust (DST) by working with “best in class” sponsors.