Maximizing Wealth with DSTs & 1031 Exchanges with Kyle Shimoda

This week on the Team Lally Real Estate Radio Show, we interview Kyle Shimoda of INPAC Wealth Solutions. Kyle sheds light on Delaware Statutory Trusts (DSTs) and their role in real estate investing. He explains who qualifies for a DST, what types of assets can be included, and how DSTs compare to traditional real estate ownership. Adrienne also shares her personal experience with DSTs, highlighting their benefits for investors looking to diversify or complete a 1031 exchange. Kyle covers the differences between a traditional IRA and a Roth IRA for retirement planning, as well as the decision-making process that helps investors make informed financial choices.

We also have our Experts We Trust. Duke Kimhan from Hawaii Pacific Property Management provides an update on Bill 7, a law aimed at creating more affordable housing. He discusses the impact of Bill 7 projects, the process of making properties turnkey, and offers advice for property owners navigating these changes. Meanwhile, Bradley Maruyama from Allstate Insurance breaks down key aspects of insurance coverage, including building code protections, rent loss insurance, hurricane coverage for rentals, and how to navigate the claims process.

Who is Kyle Shimoda?

Kyle was born on Oahu and grew up on Kauai. He graduated from Kauai High, studied Marketing and Finance at the University of Hawaii, earned a Culinary Arts certificate from Kapiolani Community College. In 1999, he moved back to Oahu to build his career in finance. As a a Wealth Advisor at INPAC Wealth Solutions, he is dedicated to helping clients reach financial goals and values the supportive culture at INPAC. He loves traveling and exploring cuisines with his family.

INPAC Wealth Solutions is a client-focused financial planning firm serving individuals, families, and businesses across the Pacific. They provide tailored wealth management solutions for every stage of life, ensuring financial strategies align with personal goals. With offices in Honolulu, Hilo, Lihue, Wailuku, and Pittsburgh, they are committed to helping clients achieve financial freedom under their motto: "Your Life is Our Commitment – That’s the INPAC Way."

To reach Kyle Shimoda, you may contact him in the following ways:

Phone: [phone]

Email: [e-mail]

Website: InpacWealth.com