California & Nevada’s Capital Gains Tax Solutions brings on acclaimed Praxis Capital, Inc. to form a first-rate alliance for exclusive Capital Gains Tax Solutions Deferred Sales Trust clients. Praxis Capital’s executive team combines more than 100 years and $5 billion of experience in the multifamily sector; including ownership and/or management of more than 100,000 apartment units. The Deferred Sales Trust unlocks capital that otherwise would be taxed before being invested with Praxis Capital.
Headquartered in Folsom, California, CGTS is an exclusive trustee for the Deferred Sales Trust in partnership with the Estate Planning Team (EPT). The Estate Planning membership organization is comprised of legal and financial service professionals dedicated to preserving their client’s wealth and protecting their estates. Central to the company’s strategy is wealth transfer, capital gains tax deferral, and asset protection.
Part of the vision for CGTS and EPT is to bring together a dream team of investment real estate, securities, and tax deferral specialists to help unlock a transformational exit plan for trusted advisors of high net worth individuals and their clients.
Brett Swarts, CEO and Founder of Capital Gains Tax Solutions, commented, “The formation of combining the extraordinary track record of Brian Burke, Bob Dreher and the rest of Praxis Capital’s professionals will provide CGTS strategic alliances and their respective client’s with access to world-class passive multifamily Deferred Sales Trust investment options.”
Brian Burke is President & CEO of Praxis Capital, Inc., a vertically integrated real estate private equity investment firm, which he founded in 2001. Brian is also a member of the Praxis Investment Committee. Praxis operates on multiple platforms, currently managing active syndications for the acquisition of multifamily and opportunistic residential assets in US growth markets. Brian has arranged well over $500 million in debt and equity for Praxis acquisitions. Praxis’ current portfolio exceeds $200 million of real estate assets under management. Brian is the author of The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications, and a frequent public speaker at real estate conferences and events nationwide.
Mr. Burke, who has aligned with Capital Gains Tax Solutions stated, “You made me a believer when we got the wire from our mutual client who made this work. It was a real eye-opener to see that there are ways that people can use the regulatory framework, if properly structured, to invest 1031 exchange dollars into things that you would not think were like-kind to those from which they exited. So it was very impressive indeed. I got to say, You are the first one I’ve seen pull this off and I’m pretty hesitant to believe in a lot of these kinds of things. So it’s a major feat for me to say, Wow, this actually really worked and it was really cool.”
CGTS is particularly excited to expand the Deferred Sales Trust™ (“DST”) offering to a wider investment real estate and entrepreneur audience, many of whom are not as comfortable investing in the stock market. Now with the added insight and real estate investment opportunities of the Praxis Capital Team and over $5,000,000,000 worth of real estate experience, CGTS feels this will further enhance the value it brings to its clients.
Since CGTS’s mission is to help Business Professionals Deliver A Transformational Exit Plan For Their Perfect Clients Using A Deferred Sales Trust, the alignment with Praxis Capital was clear to Brett Swarts when Mr. Burke stated, “We’re a private equity firm that’s committed to helping our clients build wealth through quality investments in real estate. Over the past two decades, we’ve earned an enviable reputation for delivering on that commitment. Adding real estate to a stock or bond portfolio – especially if afforded the opportunity to diversify across markets – provides much-needed diversification to almost every investor.”
Mr. Swarts went on to state, “One of the core foundations of a transformational exit plan is diversification. Having Brian Burke and his team at Praxis Capital further enhances the value proposition of the Deferred Sales Trust.”
Deferred Sales Trusts, not to be confused with a Delaware Statutory Trust, are not a recent invention. In fact, they are over 25+ years old (the IRS Section tax code known as IRC 453 predates from 1920’s and is known as a, “seller carry back” or “owner financing.” ) The simple principles of the DST are from this original IRC 453 tax code and are the foundation that is still used today and the structure has a 100% successful track record with 15 no change IRS audits.
ABOUT CAPITAL GAINS TAX SOLUTIONS:
Capital Gains Tax Solutions is an exclusive trustee for the Deferred Sales Trust. They are experts and focused on helping make simple all things DST and how it compares to other capital gains tax deferral options.
They will help you outline the options of selling or not selling and the tax consequences for each deferral strategy, including opportunity zones, 1031 exchanges, Deferred Sales Trust, Delaware Statutory Trusts, & Charitable Remainder Trusts. Their goal is to teach you everything you need to know to design a tax-deferred optimal timing exit plan using a Deferred Sales Trust & then provide Deferred Sales Trust trustee services to help you achieve proven results.
Brett Swarts is considered one of the most well-rounded Capital Gains Tax Deferral Experts and informative speakers on the west coast. His audiences are challenged to lean into multiple capital gains tax deferral strategies, create and develop a tax-deferred passive cash flow optimal timing wealth plan of their own, and execute on this plan so they can create and preserve more wealth.
Brett is the Founder of Capital Gains Tax Solutions and host of the Capital Gains Tax Solutions podcast. Each year, he equips hundreds of business professionals with the Deferred Sales Trust tool to help their high net worth clients solve capital gains tax deferral limitations.
Mr. Swarts is passionate about educating people in Capital Gains Tax Deferral with a Deferred Sales Trust, how to divest from a business or real estate, and gain freedom from feeling hostage to a 1031 exchange, then invest back in to a new business venture or investment real estate at any time [all capital gains tax deferred] which he calls optimal timing. His experience includes numerous Deferred Sales Trusts, Delaware Statutory Trusts, 1031 exchanges and $92,000,000 in closed commercial real estate brokerage transactions. He’s an active commercial real estate broker and commercial real estate investor with brokerage and ownership experience in multifamily, senior housing, retail, medical office, land, and mixed-use properties. He is a licensed California Real Estate Broker and has held Series 22 and 63 licenses.
Brett was formerly an associate at the largest Commercial Real Estate Brokerage firm in the country (Marcus & Millichap), is an eXp Commercial Multifamily Broker now, and has years of experience and hands-on training from some of the best in the business. He lives in Roseville California, with his wife, Melanie and their 5 children.
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