Battle Monument Group Announces Launch of BMG 2024 DST
A New Investment Opportunity Tailored for 1031 Exchange Investors
Richmond, VA – October 10th, 2024
Battle Monument Group (BMG) is excited to announce the launch of BMG 2024 DST, a Delaware Statutory Trust (DST) designed specifically to meet the needs of 1031 exchange investors looking to defer capital gains taxes. This DST offers accredited investors a simplified method to invest in income-producing commercial properties while avoiding the complexities typically associated with direct real estate investment.
How does it work?
A 1031 exchange allows investors to defer capital gain taxes when selling properties. To perform a 1031 exchange, the owner will reinvest the profits from the sale of their property into a qualified investment property. BMG 2024 DST qualifies for this purpose. This transaction is completed utilizing a Qualified Intermediary (QI).
BMG will work with the investor and their QI to utilize the properties in BMG 2024 DST as their selected properties for the like-kind exchange. The team at Battle Monument Group is experienced in working with investors, intermediaries, and advisors to facilitate a seamless transaction into their DST.
“Over the years, many of our investors asked us if we could help them with their 1031 exchange needs. We responded with our first DST in 2022, and it was fully subscribed well ahead of schedule. We’re following that up with our 2024 DST, and we’re glad we can continue providing a stable, easy to understand solution for investors in need of a 1031 solution” says Mike Brumagin, one of BMG’s Founding Partners.
Advantages of Investing with BMG 2024 DST:
- Reduced Risk Through Diversification: By investing in a well-organized portfolio of high-quality commercial properties, investors mitigate the risk associated with selecting individual assets.
- Consistently High Yield: Targeting a 6.0% annual yield with quarterly distributions, investors benefit from stable, predictable income throughout the fund’s life.
- Hassle-Free Investing: BMG 2024 DST eliminates the challenges of direct property acquisition, including identifying individual properties, dealing with brokers, and conducting property diligence.
- Focus on Stability: The fund invests in stable, defensive properties leased to credit-grade tenants, ensuring both short- and long-term income potential.
About Battle Monument Group (BMG)
Battle Monument Group is a real estate investment firm headquartered in Richmond, VA. BMG is dedicated to increasing the economic power of veterans and industry-leading professionals through stable, fixed-income funds. Since its founding in 2014, BMG has successfully acquired and manages over 175 commercial properties worth $180 million, providing a wide range of investment opportunities to those seeking passive income and capital appreciation.
For more information about BMG 2024 DST, please visit www.battlemonument.com/funds or contact BMG at info@battlemonument.graylinexindia.com.
For media inquiries, please contact:
Willow Bertenshaw
wbertenshaw@battlemonument.graylinexindia.com
