Good news! Section 1031 now applies to DST ownership.

Homeownership and the American dream seem to go hand-in-hand. To foster this goal, Congress has consistently practiced tax legislation that favors homeowners. So much so that our tax laws discriminate against renters, giving unequal tax benefits to homeowners.

For those who don't know, here is a list of tax deduction available to the average homeowner.

There are several real estate actions that can help lower tax obligations. With the clock steadily counting down to the New Year, making a move on some of these tips will save you money in the coming year.