Mastering DST Properties with Dwight Kay

Kay Properties and Investments Book on Delaware Statutory Trust Properties Remains One of the Best Resources for 1031 Exchange Readers Interested in How DSTs Work

Article Highlights:
  • Why did Dwight Kay write a book on Delaware Statutory Trusts?
  • The book talks about Delaware Statutory Trust pros and cons.
  • More than 30,000 copies have been distributed to DST 1031 exchange investors.
  • The book was written in a straight-forward, easy-to-read style.
A picture of Dwight Kay's book on Delaware Statutory Trust Properties.

When Dwight Kay, founder and CEO of Kay Properties and Investments, sat down to write a book exclusively about Delaware Statutory Trust properties many years ago, it was considered the first ever book published on the subject by multiple industry participants. Today, the book, “Delaware Statutory Trust Properties: An Introduction to DST Properties for 1031 Exchange Investors” continues to be sought after by real estate investors wanting to learn more about Delaware Statutory Trust properties and the ins and outs of the 1031 exchange.

“I decided to write this book because there was no other published book available to 1031 exchange investors on DST properties that I was aware of. Furthermore, I believe that education has been one of the reasons for the staggering growth of my company, Kay Properties and Investments LLC.,” said Dwight Kay, founder and CEO.

The Book is Part of Kay Properties DST 1031 Exchange Educational Platform

The book is one part of a large educational resource platform that Kay Properties makes available to investors, and includes such resource tools as magazines, podcasts, webinars, special conferences, and one-on-one consultations.

The DST Book Has Been Distributed to More Than 30,000 Investors

Since being published, the book has been requested by more than 30,000 real estate investors nationwide wanting to learn more about Delaware Statutory Trusts, and how this unique real estate investment strategy can potentially help investors defer capital gains taxes via a 1031 exchange, enter a passive real estate management structure, and gain access to large, high-quality real estate assets.

A Delaware Statutory Trust is an entity that qualifies as “like-kind” real estate for the purposes of a 1031 exchange to defer capital gains taxes when selling an investment property. To realize this benefit, investors direct the proceeds from the sale of their relinquished property towards purchasing a beneficial interest in professionally managed, high-quality institutional real estate.

According to Kay, the book is meant to be a valuable resource for DST 1031 exchange investors, and presents the subject matter in an easy-to-read, non-technical, and personalized tone.

“While the book is ‘chock-full’ of valuable information, it is not intended to be an exhaustive document and continues general information on DST 1031 properties. All the information in the book, including numbers, statistics, and examples are general in nature, approximate, and intended for educational purposes only. We always highly encourage investors to speak with their CPA and attorney prior to considering an investment in a DST 1031 property. We also encourage readers to speak with their CPA and attorney to determine if an investment in DST 1031 properties may be suitable for their needs,” said Kay.

The DST Book was Written from First-Hand Knowledge

Still, readers appreciate the book’s easy-to-digest writing style and embrace the fact that all the information presented is based on first-hand experience from Mr. Kay’s years of experience as an actual investor of Delaware Statutory Trust properties himself.

“I first started working with Delaware Statutory Trust properties in 2007 and then in 2008 I personally invested in my first DST property for my own portfolio. That was my first exposure to this popular real estate investment strategy for 1031 exchange and direct cash investors. Since then, my firm has helped thousands of investors complete their 1031 exchange investments using Delaware Statutory Trust properties, and I've personally invested in over 50 different DST offerings from multiple different DST sponsor companies, across multiple asset classes, and in multiple geographic locations. All this boils down to the reality that I have an investment thesis of what I believe makes a lot of sense for myself personally, as well as for other investors. This book passes that breadth of experience on to the reader, allowing them to see the things that Kay Properties sees, and how we see the world as it relates to DST investments,” said Kay.

To hear more about Dwight Kay’s experience as a Delaware Statutory Trust investor and why this experience is valuable to clients, make sure to listen to the video titled, “Are DST Investments Safe?”

Specifically, the book, “Delaware Statutory Trust Properties: An introduction to DST properties for 1031 Exchange Investors" covers topics like:
  • DST 1031 Properties -The Basics
  • What are the Potential Benefits of Exchanging into a DST Property?
  • What are the Potential Risks of DST 1031 Exchange Properties?
  • What are some Illiquidity and Exit Strategies of DST 1031 Properties?
  • Why do 1031 Exchange Investors Choose DST Properties over Traditional NNN Properties?
  • Who is Who – The Roles of DST Industry Players
  • The DST as a Direct Cash Investment Vehicle

To receive a free copy of “Delaware Statutory Trust Properties: An introduction to DST properties for 1031 Exchange Investors" and to access other valuable 1031 exchange real estate investment resources, please visit

Kay Properties & Investments team photo