Tired of vacation-rental operations
Compare another managed property, net-lease real estate and passive DST interests when bookings, guests, repairs or seasonal demands no longer fit.
Explore passive optionsBegin with the reason for selling
A Park City exchange can be about more than deferring tax. It may be the opportunity to reduce vacation-rental work, diversify beyond one mountain property, improve the income profile, or move into professionally managed real estate. We begin with the sale, the owner’s priorities and the replacement outcome—not a generic list of rules.

Whatever brought the sale forward
Compare another managed property, net-lease real estate and passive DST interests when bookings, guests, repairs or seasonal demands no longer fit.
Explore passive optionsUse the remaining time before closing to connect the intermediary, organize transaction facts and establish replacement criteria.
Get deadline helpOrganize ownership, use, basis questions, co-owner objectives and the professional guidance needed before the sale controls the available choices.
Review inherited propertyEvaluate professionally managed property and DST offerings beside the owner’s income, diversification, liquidity and control priorities.
Request current propertiesDiscuss reverse-exchange structure, financing and timing when the desired acquisition appears before the Park City property can be sold.
Review buy-first optionsPlace a taxable sale, another direct acquisition, net-lease property and DST interests beside the same goals before deciding.
Get free guidanceTurnkey 1031 exchange solutions
Get help moving from a planned sale to an actionable replacement brief. We help keep the transaction organized and connect the independent professionals required for intermediary, tax, legal, lending, brokerage and securities work.
Start with ownership, use, expected equity, debt, timing and the reason the current property no longer fits.
Start the conversationBring an independent QI into the transaction before sale proceeds can reach the owner.
Understand the QI roleBuild a direct-property search around income, debt, management capacity, diligence and closing probability.
Find replacement propertyCompare current professionally managed offerings when reducing the daily landlord role is a priority.
Get a free property listReview tenant, guaranty, lease obligations, property condition and residual real estate value.
Explore net-lease propertyMatch the exchange structure to the order of the sale and acquisition rather than forcing every owner into one path.
View exchange solutions
A different life after the sale
A Delaware Statutory Trust may provide access to professionally managed, institutional-quality real estate without the owner handling tenants, maintenance or renovations. Some current offerings may begin around $100,000, allowing an exchange to be allocated across more than one property or ownership path.
DST interests are private-placement securities. Availability, projected distributions, sponsor, fees, leverage, property risk, liquidity restrictions, investor eligibility and suitability vary by offering and require review through appropriately licensed professionals.
Compare replacement ownership paths
| Decision | Direct Real Estate | Net-Lease Property | DST Interest |
|---|---|---|---|
| Control | The owner directs leasing, financing, improvements and disposition. | The owner controls the property subject to the tenant and lease. | The sponsor controls the trust and underlying property. |
| Management | The owner or a hired manager operates the asset. | The lease assigns specified obligations to the tenant. | Professional management removes daily landlord decisions. |
| Diversification | Capital may remain concentrated in one acquisition. | Concentration depends on the tenant, lease and property. | Exchange equity may be allocated among multiple eligible offerings. |
| Liquidity | Usually requires a future sale or refinance. | Depends on a future sale, refinance and tenant market. | Generally illiquid and transfer-restricted. |
| Primary review | Title, leases, condition, operations, market and financing. | Tenant, guaranty, lease, condition and residual value. | Offering documents, sponsor, fees, conflicts, leverage and suitability. |
How the exchange moves forward
Clarify ownership, qualifying use, basis questions, debt, expected equity and the professionals already involved.
Confirm the independent QI, closing instructions, calendar, financing needs and a written replacement brief.
Compare primary and backup candidates for diligence, financing, workload, risk and ability to close.
Keep title, inspections, insurance, entity documents, funding and advisor questions visible to the exchange team.
Park City knowledge, nationwide property reach
Park City exchange questions
Free guidance is available before the property is listed, while it is under contract or during the replacement search.
Property held for investment or productive use may qualify, while personal-use facts can change the analysis. The owner’s CPA and attorney should evaluate the actual use history before the sale.
Real property in one U.S. market can generally be exchanged for qualifying real property in another U.S. market. Replacement choices should still be evaluated for income, financing, management and closing feasibility.
There may still be time to engage an independent qualified intermediary before closing and build a replacement-property brief. The earlier the exchange team is assembled, the more options remain available.
A DST is professionally managed, so the investor does not handle daily leasing, tenants or repairs. The tradeoff includes reduced control, sponsor dependence, fees, property risk and limited liquidity.
An owner may be able to allocate exchange equity among more than one qualifying replacement path. The QI, tax advisor and licensed securities professional should confirm the structure and offering eligibility.
A reverse exchange may be considered when the acquisition must occur first. These transactions require advance planning around title, financing, parking arrangements and timing.
Some offerings may begin around $100,000, but minimums, availability, income projections, leverage, risk and investor eligibility vary. Current offering documents and licensed review control.
Free Park City 1031 exchange guidance
Share the property, anticipated sale timing and the outcome you want from the replacement. The conversation can begin before listing, under contract or during an active property search.