Welcome to Commercial Real Estate Secrets, hosted by Aviva Sonenreich, a seasoned commercial real estate owner, broker, and content creator. On this podcast, you'll hear real stories from real people who have created real success in commercial real estate. Join us each week to gain invaluable insights and practical steps you can take to achieve your dreams of becoming a successful commercial real estate investor, agent, or broker.
Welcome to Commercial Real Estate Secrets, hosted by Aviva Sonenreich, a seasoned commercial real estate owner, broker, and content creator. On this podcast, you'll hear real stories from real people who have created real success in commercial real estate. Join us each week to gain invaluable insights and practical steps you can take to achieve your dreams of becoming a successful commercial real estate investor, agent, or broker.

This week on Commercial Real Estate Secrets, I sit down with Ben Carmona, Managing Partner at Perch Wealth, to talk about one of the most underutilized and misunderstood tools in commercial real estate: the Delaware Statutory Trust (DST).
If you’re working with aging landlords, high-equity portfolios, or owners tired of tenant calls—this episode is a must-listen.
Ben breaks down 1031 exchanges and DSTs in plain language, explains how baby boomers are trading toilets for tax deferral, and shares why “Swap ‘til you drop” isn’t just a clever phrase—it’s a generational wealth strategy.
💡 Episode Highlights
✅ What is a 1031 Exchange—and how to explain it to a 5th grader
✅ The power of "Swap ‘til You Drop" for generational wealth planning
✅ What makes an investor “accredited” (and why it matters)
✅ DSTs explained: what they are, how they work, and why they’re IRS-approved
✅ Passive income, stepped-up basis, and bonus depreciation explained
✅ What product types are performing best in DSTs today (hint: not retail)
✅ How to use DSTs as a backup plan when your 1031 deal falls through
Connect with Ben Carmona: https://perchwealth.com/
📱 Direct: 818-269-4972
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