Table of Contents

• Dwight Kay Provides Real Examples of Investors Who Used Kay Properties for Legacy and Estate Planning Purposes Regarding their Rental Property and Real Estate Investment Portfolios

• Why the Glory Days of Independent Real Estate Investing Is a Thing of the Past, and What Some Smart Investors Are Doing About it

• The 721 Exchange UPREIT Exit Strategy for Delaware Statutory Trust Investors Explained

• (Exclusive Aerial Video) A Closer Look at the Pharmacy Net Lease 65 DST in Downtown Encinitas, CA

• Why Kay Properties Stands Out as the Preeminent Delaware Statutory Trust Investment Firm

• Why Investors Choose Delaware Statutory Trust Properties vs. NNN Properties for 1031 Exchanges

• 4 Reasons Why Investors Should Consider Qualified Opportunity Zone Funds for Tax Advantages and Potential Returns

• A Comprehensive Guide and Video on Why Investors Should Consider Debt-Free Delaware Statutory Trust (DST) Properties

• What are the Best Properties for a 1031 Exchange?

• Mastering DST Properties with Dwight Kay

• What Is A DST 1031 Exchange?

• Why Investors Love the Kay Properties Online Marketplace for DST Investment Opportunities?

• Why Delaware Statutory Trusts are a Great Resource for 1031 Exchanges

• What are Pros and Cons of the Delaware Statutory Trust for Investors?

• What is a Delaware Statutory Trust: The Basic Facts on DSTs and 1031s

• Three 1031 Exchange Investment Options

• What is a DST 1031 Property?

• (VIDEO) Echoes of Success Through Kay Properties DST Investor Reviews and Testimonials

• How to Make Smart Real Estate Investment Decisions with a 1031 Exchange

• A 1031 Exchange Expert’s Advice on Investing in DSTs

• History of DSTs and Current Marketplace Conditions

• An Easy Guide to Delaware Statutory Trust Investing

• Debt Free Net Lease 55 DST

• Key Investment Highlights of Net Lease Distribution 64 DST Offering

• Delaware Statutory Trusts: Triple Net Lease Properties

• Delaware Statutory Trust Real Estate: Latest Offerings

• Delaware Statutory Trusts FAQ: Frequently Asked Questions on DSTs

• Delaware Statutory Trusts for Accredited Investors

• DST Properties and 1031 Exchange Real Estate Investment Options

• Delaware Statutory Trusts: Asset Class Rejection

• Delaware Statutory Trusts: The History of the DST for 1031 Exchanges

• Another Reason to Stay Debt Free in a 1031 DST Exchange

• Four Ways to Use Delaware Statutory Trusts for Your 1031 Exchange

• Six Potential Benefits of Exchanging into Delaware Statutory Trust Properties

• Delaware Statutory Trust Investor Reviews and Complaints

• Kay Properties & Investments DST Essentials Podcast: Liquidity & Exit Strategies

• Why Delaware Statutory Trust Investors Should Practice “The Anchor and the Buoy Investment Strategy”

• Why Real Estate Income Funds Have Distinct Benefits for Investors

• How to Plan Your Delaware Statutory Trust to Remove the Stress of a 1031 Exchange

• Seven DST 1031 Exchange Terms Every Real Estate Investor Should Know

• How Kay Properties Helped Three Different Sized Investors Match Their Specific Investment Goals, Objectives, and Risk Tolerances

• DST Essentials Podcast: Building a Crisis Resistant Real Estate Investment Portfolio

• Kay Properties Headlines Panel on Delaware Statutory Trusts and Why So Many Investors are Interested in Them

• 10 Reasons We Like FedEx as a Tenant for DST 1031 Exchange Investments in 2022

• DST CASE STUDY: How Kay Properties Helps Investor Complete 15 DSTs in 30 Days

• How Delaware Statutory Trust Investments Can Play an Important Part of Wealth Preservation

• The Importance of the Private Placement Memorandum (PPM) for Delaware Statutory Trust 1031 Exchange Investors

• Consider These Potential DST 1031 Exit Strategy Options: Cash Out, 1031 Exchange or 721 Exchange

• Kay Properties & Investments Team of 1031 Exchange Experts Lead Bisnow Webinar on “Why Investors Choose DST Properties”

• Picking the Right Delaware Statutory Trust Company

• View the New Issue of the 1031 DST Digest!

• Can I 1031 Exchange Out of a DST?

• Why Real Estate Syndication Is Important for Delaware Statutory Trust 1031 Exchange Real Estate Investors

• DST Essential Podcast: Case Study

• Custom Kay Properties DST Offering Goes Full Cycle on Behalf of Investors

• Kay Properties is Pleased to Announce Another Successful Return for Investors in a Custom, Debt-Free DST That Goes Full Cycle

• Six Ways to Ensure Your 1031 Exchange is Successfully Completed

• Kay Properties & Investments DST Essentials Podcast on the DST Full Cycle Process

• Investing Across Market Cycles and Delaware Statutory Trust Investments 

• Why the Delaware Statutory Trust Specialist Can be a Real Estate Broker’s Best Friend

• DST Properties for Investors

• What is a Delaware Statutory Trust and Why So Many Real Estate Investors Are Interested in Them?

• What is a Delaware Statutory Trust

• Kay Properties & Investments Has One of the Most (if not the most) Robust 1031 Delaware Statutory Trust Educational Platform in the Nation

• Kay Properties & Investments Helps Accredited Investor 1031 Exchange Into 15 Different Delaware Statutory Trust Investments within 30 Days

• As seen in Forbes: The Ins and Out of Qualified Opportunity Zones

• Executive Women in Business: Betty Friant

• As Seen on WealthManagement.com: How to Build a Post-Pandemic Real Estate Investment Portfolio

• Select a DST 1031 Expert and Avoid the Four Stages of 1031 Exchange Grief

• Houston Corporate Headquarters DST Investment Opportunity for 1031 Exchange and All-Cash Investor

• Five Reasons Why Kay Properties Likes Houston – The Fourth Largest City in America and with Room to Grow

• Houston Multifamily DST Investment Opportunity for 1031 Exchange and Direct Investors

• Kay Properties President, Chay Lapin featured on Millionacres Podcast to explain Delaware Statutory Trust Investments

• What is a DST Sponsor Company?

• Founder & CEO, Dwight Kay Featured on Forbes.com for Insight on Utilizing Delaware Statutory Trust (DST) Investments for Potential Passive Retirement Income

• Kay Properties Helps Place over $130M in Delaware Statutory Trust 1031 Exchange Investments For Family-Owned Real Estate Firm

• Kay Properties & Investments Helps Real Estate Investor with High Loan to Value (LTV) Successfully Complete $1.2 Million DST 1031 Exchange Just In Time to Avoid Significant Tax Consequence

• Kay Properties & Investments Announces a Successful Return for Investors in a Custom Multifamily DST Property That Goes Full Cycle*

• As Seen on Kiplinger.com: Once the Pandemic Recedes, Where Will the Real Estate Investment Opportunities Be?

• How Real Estate Investors Can Use Delaware Statutory Trust (DST) Properties to Replace Debt in a 1031 Exchange

• As seen on WealthManagement.com: Real Estate DSTs — A Haven in a 1031 Tax-Change Storm?

• Thoughts on Senior Care

• As Seen on Kiplinger.com: How Biden’s Tax Plan Could Affect Your Real Estate Investments

• Custom Kay Properties Delaware Statutory Trust Offering Goes Full Cycle

• As Seen on Kiplinger.com: Retirement Planning? Don’t Forget About Investment Real Estate

• Six reasons to sell the income property you love…And how to avoid taxes when you do

• Cove Multifamily Income Fund 28 – Video

• What Do DST 1031 Sponsors Say About Kay Properties And Investments?

• The Case Study of a 1031 DST Specialist

• Potential Pitfalls of NNN Properties and a Savvy Alternative

• Kay Properties and Investments Successfully Completes a $13.68M Exchange on Behalf of Midwest Family

• As Seen on Kiplinger.com: A Risk-Averse Approach to Real Estate Investing

• What is a DST 1031 Property?

• Back to the Basics: How to Invest In Uncertain Times

• The State of Multifamily Real Estate, 2021

• How do I use a DST for replacing the debt in a 1031 Exchange

• As Seen on GlobeSt.com: Kay Properties Closes Record Deal Volume in 2020, Up 77%

• Alternative Investments for High-Net-Worth Investors

• How to guard against the pitfalls of financing used in DSTs

• As Seen on WeathManagement.com: An Alternative to Dividend Stocks? Real Estate Investments with Monthly Income Potential

• As Seen on Yahoo Finance: Kay Properties, the DST Investment Firm that Operates a 1031 Exchange Property and Real Estate Investment Marketplace, Reports Record Year for 2020 Despite the Pandemic

• Do DSTs work for a 1033 exchange due to eminent domain or involuntary conversion?

• Do your 1031 and get Tax Free Cash Out: Kay Properties offers a way to do a 1031 Exchange and also potential to receive tax free cash back

• The Tax Advantages of Zero Coupon DSTs

• As Seen on Kiplinger.com: 4 Ways to Invest in Real Estate for Monthly Income

• How To Create a Diversified DST Portfolio

• Kay Properties Helps Family Complete $36 Million 1031 Exchange Amid COVID Pandemic

• Generational Assets: Leveraging DSTs to Transfer Wealth

• Five Steps to Construct a Diverse Real Estate Investment Portfolio

• How to Identify a 1031 Exchange with the 200% Rule

• Successful 1031 DST Investment Completed

• How to Build a Diversified Real Estate Investment Portfolio

• 1031 Exchange Coming Up? Know the Options Before You Reinvest

• As Seen on Kiplinger.com: Considering Real Estate? Know the ABCs of DSTs, TICs and 1031s

• Kay Properties Webinar – 1031 Exchange Replacement with Chay Lapin

• Kay Properties Featured on Globest.com Regarding 1031 Exchanges

• Can I Cash-Out a Portion of my 1031 Exchange Proceeds? The Ins-and-Outs of A Partial 1031 Exchange

• Kay Properties Custom 1031 Exchange DST Investment Offering Goes Full Cycle on Behalf of 1031 Exchange Investors

• Before You Do a 1031 Exchange, Consider These 4 Alternative Investment Options

• Good to Have a 1031 Exchange Backup When You Need One: Kay Properties Helps DST Investors Avoid a Potentially Significant Tax Consequence

• “There is No Cash Flow in Raw Land” – Family with long time land holding 1031 exchanges $2.5M of equity into potentially income producing DSTs

• Questions to Ask Your 1031 Exchange Qualified Intermediary

• Using 1031 Exchange Delaware Statutory Trust Properties to Give Back – How a Kay Properties Client Gave Back

• Kay Properties and Investments Helps Clients 1031 Exchange their Property Empire into DST 1031 Exchanges

• Grateful to be Debt-Free: Kay Properties Helps Client Stay Debt-Free in their $1-Million 1031 Exchange into DST Properties for Sale

• Three 1031 Exchange Alternatives

• July 15th 1031 Exchange Deadline Approaching! How Fast Can I Close on DSTs?

• As Seen on Kiplinger.com: Before You Invest in ‘Crowdfunded’ Real Estate, Consider the Tax Implications

• How One Kay Properties Client Used the 1031 Exchange and DST Properties to Retire from Active Management

• DST 1031 Exchange Investment Strategies: Why 1031 Exchange Diversification Matters

• Kay Properties and Investments Helps Clients Complete a $4.4M 1031 Exchange

• The Other DST – Deferred Sales Trust: What You Should Know

• Zero Cash Flow Properties for DST Offerings: Why They May be Important for your 1031 Exchange Transaction

• Using the 1031 Exchange to Move from 250 Doors to Delaware Statutory Trusts with Kay Properties and Investments

• Looking for DST Properties for Sale? Why A Comprehensive 1031 DST Marketplace is Imperative for 1031 Exchange Investors

• Longtime Delaware Statutory Trust Investors Choose Kay Properties Over Others for Their 1031 Exchange

• 5 Tips to Build a COVID-Proof Real Estate Investment Portfolio

• Kay Properties Team Announces the Successful Completion of a $6,650,000 DST 1031 Exchange on Behalf of Client

• Kay Properties and Investments Successfully Completes a $2,100,000 DST 1031 Exchange

• Kay Properties and Investments Announces the Completion of a $2.25 Million DST 1031 Exchange on Behalf of a Repeat Client

• “THIS ISN’T WHAT I SIGNED UP FOR!” NNN Landlord’s Dilemma in COVID’s Uncharted Territory

• Kay Properties Online Real Estate Marketplace Platform

• How COVID-19 Has Affected Retail Real Estate

• New York Times with Alex Madden

• Kay Properties and Investments Helps a Family Complete a $16,650,000 Delaware Statutory Trust 1031 Exchange

• Kay Properties and Investments Helps Client Invest $10.42 Million in 1031 Exchange Solution

• So Your 1031 Exchange Deadline Has Been Extended? Why Waiting Until the July Deadline Could Be a Bad Idea

• The Virus Economy: It Now May Be a Good Time to Diversify Real Estate Holdings

• Kay Properties and Investments Completes a $64,000,000 1031 Exchange into DST Investments

• In a 1031 Exchange? Why Waiting until after COVID-19 to Complete Your Exchange Could Potentially be a Bad Idea

• Sponsor Stories Podcast Number 1 – DST 1031 Exchange Podcast

• Kay Properties and Investments Successfully Completes $3.32 Million DST 1031 Exchange for Client Who Formerly Owned and Operated a Winery

• A 1031 Exchange Five Years in the Making: Kay Properties’ Clients Complete Multi-Million-Dollar 1031 Exchange

• Kay Properties and Investments Helps Facilitate a $10.19 Million-Dollar Delaware Statutory Trust – DST 1031 Exchange on Behalf of Clients

• Buyer Beware: Are Oil and Gas Investments a Good Idea

• Kay Properties Completes $32.4 Million DST 1031 Exchange on Behalf of Clients

• A History of the Delaware Statutory Trust Act

• Should I Pay the Taxes or Defer? Why Doing a 1031 Exchange May be Smart Financial Planning

• Cash Investments in DSTs – An Alternative to Investing in the Stock Market

• Kay Properties and Investments Completes a $17.8 million-dollar DST 1031 Exchange

• Being Defensive Pays Off: Kay Properties’ Clients Avoid Potential Hospitality & Senior Care Crash and Burn – Why Avoiding Hospitality and Senior Care is the Kay Properties Way

• Founder, Dwight Kay Featured on Forbes.com For Insight on the 1031 Exchange and DST Investment Industries

• Dwight Kay Featured in National Real Estate Investor

• Kay Properties and Investments, a National Delaware Statutory Trust (DST) Investment Firm, Announced Today the Completion of a $14 Million DST 1031 Exchange

• Acronyms to Know in the Investment World

• Why Real Estate is a Powerful Estate Planning Tool

• 4 Reasons Estate Attorneys Utilize DSTs for Legacy Planning

• What You Need to Know About 1031 Exchanges

• Investing In Net Lease Properties Via DSTs

• The Story Behind Kay Properties & Investments DST Platform

• What Properties Can be Used In a 1031 Exchange?

• Kay Properties, Which Operates a 1031 Exchange Property Marketplace, Hit $230 Million in Like-Kind Exchange Equity Investments from Accredited Investors in 2019

• 12 Reasons We like Fresenius as a Tenant for a DST 1031 Property

• 1031 Exchange Guidelines and Deadlines

• Proceed with Caution – Hotel 1031 DST Offerings

• Five Interesting Facts about Delaware Statutory Trust Investments

• The Risks in Purchasing a Triple Net Lease Property and a Potential Solution

• Five Things To Remember When Deciding To Do A 1031 Exchange

• Kay Properties Process in Spanish

• The Fundamentals of 1031 Exchanges

• The Kay Properties Process

• Qualified Opportunity Zone Funds – A Tax Efficient Investment Vehicle for Those Selling Appreciated Assets

• 7 Deadly Sins Q&A with Dwight Kay

• 1031 Delaware Statutory Trust Guide: The Investment Tool You Need to Know About Today

• What Qualified Intermediaries/Exchange Accommodators Should Know About Kay Properties and Investments

• Triple Net Properties and Delaware Statutory Trusts

• Kay Properties Closes Delaware Statutory Trust (DST) Property in Maplewood, MO

• Kay Properties Successfully Completes Another Delaware Statutory Trust (DST) 1031 Exchange Investment in Tampa, FL

• Kay Properties Full Subscribes Delaware Statutory Trust (DST) 1031 Exchange Offering in Fort Stockton, TX

• Kay Properties Fully Subscribes Delaware Statutory Trust (DST) 1031 Exchange Property in Tacoma, WA

• Kay Properties Completes Delaware Statutory Trust (DST) Offering in Port Orchard, WA

• Phoenix, AZ – Market Overview

• Investing in Single Family Homes and Your 1031 Exchange

• Learn About Delaware Statutory Trust Laws

• Kay Properties Real Estate Offering Goes Full Cycle on Behalf of Investors

• Can I 1031 Exchange into a REIT?

• A Client’s First Experience with DSTs

• Kay Properties 1031 DST Team Continues to Grow

• How Kay Properties and Investments Works With Real Estate Brokers

• Is a 1031 Exchange Triple Net Lease the Way to Go for You?

• Hotel Retirement Solution: 1031 Exchange into DSTs

• Charlotte Pharmacy Press Release

• Kay Properties and Investments launches Kay DST Secondary Market

• Maryland Medical Press Release

• Questions to Ask When Investing in DSTs

• Kay Properties and Investments Launches the Kay DST Secondary Market

• 1031 Exchange Investors Are Choosing DST Properties for Passive Real Estate Ownership

• 1031 Exchanging Into a REIT: The 721 UPREIT as an Option for Investors

• Kay Properties and Investments: How Kay Properties Helps Real Estate Brokers

• STOP! DON’T FILE YOUR TAXES NEXT APRIL IF YOU START A 1031 EXCHANGE IN THE LAST QUARTER OF THE YEAR

• 11 Reasons We Like Chicago, IL

• 10 Reasons Why Clients Choose To Work With Kay Properties as They Purchase DST 1031 Investments

• Why Kay Properties Prefers a Delaware Statutory Trust over a Tenant in Common (DST vs TIC)

• Do you own investment real estate? Have you recently assessed its value and considered selling the property? If so, we have important news for you….

• 1031 DST Investments: Why All-Cash/Debt-Free Delaware Statutory Trust Properties

• 10 Reasons We Like DaVita Dialysis as the Tenant of our DST 1031 Exchange Investments

• DST 1031 Exchange: What is it and How Might it Help with my Current 1031 Exchange

• What is a DST 1031? Delaware Statutory Trust Ownership Explained

• 10 Reasons We Like FedEx as a Tenant for our 1031 DST Investments

• Kay Properties Executive Participates in 16th Annual RealShare Net Lease Conference Panel

• Press Release: Kay Properties has Successfully Completed the Tampa International Business Center 1 DST in Tampa, FL on Behalf of 1031 Exchange Investors

• Kay Properties Completes Delaware Statutory Trust (DST) Offering in Richmond, VA

• Kay Properties Closes Delaware Statutory Trust (DST) Property in Orange Park (Jacksonville MSA), FL

• Kay Properties Successfully Completes the Equity Raise For a Delaware Statutory Trust (DST) 1031 Exchange Investment in Norfolk, VA

• 1031 Exchange Delaware Statutory Trust Investment Announcement: Another Completed 1031 Exchange DST Investment by Kay Properties

• How Real Estate Agents and Brokers are Using Kay Properties 1031 Delaware Statutory Trust (DST) Properties To Get More Listings and Help Their Clients

• Delaware Statutory Trust Relations & Portfolios—What? Who? Where? When? Why? …And How?

• Why Debt Can Hurt You: DST 1031 Exchange Property Market Insights – Example DST 1031 Case Study

• DST vs. TIC: Delaware Statutory Trust vs. Tenant in Common –Which is Right for Your 1031 Exchange?

• Delaware Statutory Trust Tax Treatment, Taxation, and Tax Returns: DST 1031 Exchange Market Insights and Thoughts

• Case Study: When a DST property backup became a clear solution.

• DST 1031 Exchange Example Case Study: Diversification Matters

• Delaware Statutory Trust Fees: Delaware Statutory Trust Market Thoughts and Insights

• 12 Reasons Why We Like Florida Delaware Statutory Trusts

• Delaware Statutory Trust Problems – 1031 Exchange Market Insights & Thoughts

• Kay Properties Announces a Completed 1031 Exchange Delaware Statutory Trust (DST) Property in Chesapeake, VA

• Kay Properties Closes Delaware Statutory Trust (DST) Property in Tampa/Riverview, FL

• Delaware Statutory Trust Pros & Cons

• Kay Properties Investments 1031 DST Sponsors

• DST 1031 Exchange Case Studies

• The Case for Class B Apartments. Class A Buyers Beware.

• NNN 1031 Choice Implodes: DST Available for Identification in 1031 Exchange

• 14 Reasons Why We Like Phoenix, AZ

• Location, Location, Location: 8 Reasons Why We Like Las Vegas, NV

• 15 Reasons to Invest in Walgreens!

• Location, Location, Location: 10 Reasons Why We Like Tucson

• 9 Reasons Why We Like Regus as a Tenant

• Four Reasons Why 1031 DST Exchanges are Growing in Popularity Plus Potential Delaware Statutory Investment Returns:

• Location, Location, Location: 11 Reasons Why We Like Florida

• Here are 11 reasons why we like to buy property in Dallas, Texas

• Here are 10 reasons why we believe Dollar General is a strong tenant

• Location, Location, Location: 12 Reasons Why We Like Austin

• Location, Location, Location: 9 Reasons Why We Like Charleston, SC

• Investments for High Net Worth Accredited Real Estate Investors

• Kay Properties 2016 Economic Update With Dr. Peter Linneman

• 2016 Medical Office Outlook

• Who Is Who – The Roles of DST Industry Players

• What Are the Risks of DST 1031 Properties?

• The Section 721 Exchange

• 2015 Multifamily Outlook

• DST as a Cash Investment Vehicle

• Why Do 1031 Investors Choose DST Properties Over Traditional NNN Properties?

• Why You Should Consider Deferring Your Capital Gains Taxes

• How To Dodge A Tax Hit When Selling Rental Property

• Delaware Statutory Trust Properties – Illiquidity and Exit Strategies

• Listen to an audio version of the DST 1031 Book by Dwight Kay

• What Are the Potential Benefits of Exchanging into a Delaware Statutory Trust Property?

• DST 1031 Properties – The Basics

• Dwight Kay Interviewed on WOCA 1370AM

• Dwight Kay Interviewed on Sunrise America

• A Tax Strategy For Investment Real Estate Grows In Popularity

• 1031 Exchange Fundamentals