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In recent years, there has been a significant effort by TIC Sponsors and lenders to develop a co-ownership structure that overcomes the limitations of traditional TIC offerings. This has given rise to an alternative structure for co-owned real estate called a Delaware Statutory Trust (DST). On August 16, 2004 the IRS issued Revenue Ruling 2004-86, allowing the use of a DST for co-owned real estate where 1031 exchanges are involved.

 
   
   
   
     
 

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