You built that wealth. That's your money.
You bought the property. You dealt with the tenants. You handled the 11pm maintenance calls. You watched your investment grow.
Now you're ready to be done. But when you asked about selling, the answer stopped you cold:
- Capital gains tax
- Depreciation recapture
- State taxes
The total bill could be 35% or more of your sale price.
Writing a check for hundreds of thousands of dollars to the government just to exit your own investment doesn't feel right — because it isn't.
There's another way. Most CPAs won't bring it up unless you ask.
It's called a 1031 Exchange. It lets you sell your investment property and roll the entire proceeds — equity and capital gains — into a new investment, deferring the tax completely.
And the investment you roll into can be fully passive:
- No tenants
- No property management
- No 11pm phone calls
Just potential monthly income deposited into your account.
Dan L. Werry, JD, MBA
Dan specializes in repositioning client equity from active to passive real estate income through strategic 1031 exchanges. With access to 60+ verified DST properties from 30+ sponsors, he works as an independent advisor with no incentive to push any single product.
"When I sit down with a new client, they're usually feeling unsure. My job is to slow everything down, explain exactly how the exchange works, and help them see what's actually possible."
Three steps to defer your taxes and go passive.
30 minutes with Dan to understand your property, timeline, and goals.
Dan walks you through DST properties matched to your income targets, risk profile, and 1031 timeline.
Your Qualified Intermediary handles the mechanics. You reinvest, defer the taxes, and begin receiving passive income.
Questions we hear most often
The 1031 exchange has strict rules: 45 days to identify a replacement property, 180 days to close. That's exactly why having an experienced guide matters. Dan has navigated hundreds of these.
You can. But consider: if you net $800,000 after a $300,000 tax bill, that $300,000 is gone permanently. In a 1031 DST, that $300,000 stays invested and continues generating potential income for years.
Legacy Private Wealth is independent. Dan has access to properties across all major DST sponsors, not limited to one company's inventory. His only incentive is finding what's right for you.
Ready to find out how much you could keep?
Book a free 30-minute strategy call. No pressure, no pitch, just clarity on what a 1031 Exchange could mean for your situation.