Review the planned sale
Ownership, qualifying use, closing timing, debt, expected equity, and the reason for selling.
Get practical help before the sale, while under contract, during the replacement search, and through closing. Compare direct real estate, net-lease property, and passive DST options without trying to assemble the process alone.
Already under contract or facing a deadline? Call now and explain where the transaction stands.
First exchange or fifth, the useful conversation starts with the property, ownership, timing, expected equity, debt, and what you want life after the sale to look like.
We help bring the transaction into focus, connect the independent professionals the facts require, keep replacement choices moving, and make the next decision clear. Tax and legal conclusions remain with the owner’s CPA and counsel.
Ownership, qualifying use, closing timing, debt, expected equity, and the reason for selling.
Make sure the qualified intermediary is engaged before proceeds can reach the seller.
Income, management, control, financing, location, diversification, and close probability.
Direct property, net lease, multifamily, industrial, and DST interests viewed against the same goals.
Title, leases, sponsor materials, inspections, insurance, lender questions, and backup candidates.
Maintain clear handoffs among the owner, intermediary, advisors, lender, title team, and closing parties.
A Delaware Statutory Trust may give an eligible investor access to professionally managed real estate without personally handling tenants, maintenance, renovations, or leasing. Available offerings, income, fees, leverage, liquidity limits, property risks, and minimums vary.
The right answer depends on what the owner wants after the Michigan sale. Compare the choices against one written objective instead of evaluating each property in isolation.
| Decision | Direct property | Net-lease property | DST interest |
|---|---|---|---|
| Control | The owner directs leasing, financing, improvements, and disposition. | The owner controls the real estate subject to the tenant and lease. | The sponsor controls the trust and its properties. |
| Management | The owner or hired manager operates the property. | The lease assigns defined obligations to the tenant. | Professional management removes daily landlord decisions. |
| Liquidity | Usually requires a later sale or refinance. | Depends on the tenant, lease, market, and future disposition. | Private interests are generally illiquid and transfer-restricted. |
| Primary review | Title, leases, operations, condition, financing, and closing feasibility. | Tenant strength, lease terms, condition, residual value, and reletting market. | Offering materials, sponsor, fees, conflicts, leverage, assets, risks, and suitability. |
There is no numbered script that fits every property. These are the four handoffs that usually determine whether the exchange stays workable.
Clarify ownership, use, basis questions, debt, expected equity, management goals, and the team already involved.
Confirm the intermediary, closing instructions, calendar, lender needs, and the replacement-property brief.
Compare primary and backup candidates for diligence, financing, workload, risk, and realistic closing probability.
Keep title, inspections, insurance, entity documents, funding directions, and advisor questions moving.
Begin with the Michigan property being sold, then compare replacement choices wherever the owner’s income, management, diversification, and closing objectives point.
The site already has rich Michigan resources. These are the paths most likely to help an owner decide whether to sell, exchange, remain active, or pursue a more passive replacement.
Start by reviewing ownership, qualifying use, sale timing, estimated equity, debt, and the reason for selling. If a 1031 exchange is being considered, engage the qualified intermediary before closing and before the seller can receive the proceeds.
Real property held for investment or qualifying business use may generally be exchanged for other qualifying U.S. real property. The replacement does not have to remain in Michigan, but the owner should confirm the facts with tax and legal advisors.
That is common. Begin with the planned sale, the date it may close, whether an intermediary is already involved, how much equity may be reinvested, and what the owner wants from the replacement. The process can then be explained in practical order.
A DST is professionally managed, so the investor does not personally handle tenants, repairs, leasing, or renovations. It also involves sponsor control, fees, limited liquidity, property-level risk, and suitability considerations that require careful review.
It depends on ownership, use, timing, intent, and the specific facts after inheritance. Organize basis and estate information with the CPA and attorney before assuming the property qualifies or entering a contract that limits the available choices.
A reverse exchange may be considered when the replacement opportunity arrives first. It requires early planning among the owner, exchange accommodation titleholder, qualified intermediary, lender, title team, and advisors.
Use the short form or call (313) 631-3055. Share where the property is, whether it is listed or under contract, and what you want from the replacement.