Guide to 721 UPREITS

Tax deferral for high-net-worth investors

A 721 exchange—also known as a 721 UPREIT (Umbrella Partnership Real Estate Investment Trust)—is a tax-deferral strategy that allows investors to contribute investment real estate into an Operating Partnership (OP) of a REIT in exchange for OP units, which are economically similar to shares of the REIT.

This structure can defer capital gains taxes while providing access to diversified, professionally managed real estate portfolios.

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Archer Investors guide to Delaware Statutory Trust DST 721 UPREITS

Learn the rules, timelines, and options to defer taxes and keep more equity working.

 

721 Exchange Basics

Who Uses 721 UPREITs?

Financial Planning Goals

Key Considerations

Is A 721 UPREIT Right For You?

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An accredited investor, per Rule 501 of Regulation D, includes individuals with a net worth over $1 million (excluding primary residence) or an annual income above $200,000 ($300,000 with a spouse). Qualified entities include trusts with over $5 million in assets, banks, insurance companies, and certain company executives, allowing them to invest in unregistered securities.