Al DiNicola | Private Fund Advisor | Delaware Statutory Trust (DST) & 1031 Exchange Specialist

As a ded­i­cat­ed Pri­vate Fund Advi­sor spe­cial­iz­ing in Delaware Statu­to­ry Trusts (DSTs) and 1031 exchanges, I help real estate investors tran­si­tion from active prop­er­ty man­age­ment into more pas­sive, income-focused invest­ment strategies—while pre­serv­ing and opti­miz­ing their wealth.

With a deep under­stand­ing of 1031 exchange rules, DST struc­tures, and real estate invest­ment cycles, I work close­ly with clients to design thought­ful, tax-effi­cient solu­tions tai­lored to their finan­cial goals, risk tol­er­ance, and long-term vision.

Whether you are sell­ing an invest­ment prop­er­ty, man­ag­ing a high­ly appre­ci­at­ed asset, or sim­ply explor­ing ways to sim­pli­fy your real estate port­fo­lio, I pro­vide guid­ance that is both strate­gic and prac­ti­cal.

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What I Spe­cial­ize In

1031 Exchange Plan­ning
Nav­i­gat­ing a 1031 exchange can be com­plex, espe­cial­ly with strict time­lines and iden­ti­fi­ca­tion rules. I assist clients in under­stand­ing their options, meet­ing crit­i­cal dead­lines, and struc­tur­ing exchanges that align with both IRS require­ments and per­son­al invest­ment objec­tives.

Delaware Statu­to­ry Trust (DST) Invest­ments
DSTs allow investors to own frac­tion­al inter­ests in insti­tu­tion­al-qual­i­ty real estate while poten­tial­ly qual­i­fy­ing for 1031 exchange treat­ment. I help clients eval­u­ate DST offer­ings, focus­ing on:

• Income poten­tial vs. appre­ci­a­tion
• Spon­sor strength and track record
• Prop­er­ty type diver­si­fi­ca­tion (mul­ti­fam­i­ly, indus­tri­al, med­ical, etc.)
• Debt struc­tures and risk expo­sure
• Exit strate­gies and hold peri­ods

Pas­sive Income Strate­gies
Many of my clients are tran­si­tion­ing out of hands-on real estate man­age­ment. I focus on solu­tions that can pro­vide steady income while reduc­ing the day-to-day respon­si­bil­i­ties of prop­er­ty own­er­ship.

Port­fo­lio Diver­si­fi­ca­tion
Rather than con­cen­trat­ing risk in a sin­gle prop­er­ty, DSTs can allow investors to spread cap­i­tal across mul­ti­ple assets, mar­kets, and asset class­es. I help design port­fo­lios that bal­ance income, sta­bil­i­ty, and long-term posi­tion­ing.

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My Approach

I believe every investor’s sit­u­a­tion is unique. There is no “one-size-fits-all” solu­tion in 1031 exchanges or DST invest­ing.

My process is cen­tered on:

• Under­stand­ing your goals — income needs, time­line, lega­cy plan­ning, and risk tol­er­ance
• Edu­ca­tion first — ensur­ing you ful­ly under­stand how DSTs and exchanges work before mak­ing deci­sions
• Strate­gic struc­tur­ing — align­ing invest­ment selec­tions with both tax con­sid­er­a­tions and port­fo­lio objec­tives
• Ongo­ing guid­ance — stay­ing involved beyond the ini­tial place­ment to help you adapt as mar­kets and per­son­al cir­cum­stances evolve

I also work col­lab­o­ra­tive­ly with your CPA, attor­ney, and finan­cial advi­sor to ensure a coor­di­nat­ed approach.

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Who I Work With

I typ­i­cal­ly work with:

• Real estate investors sell­ing appre­ci­at­ed prop­er­ty
• Retir­ing land­lords seek­ing pas­sive income
• High-net-worth indi­vid­u­als look­ing to defer cap­i­tal gains tax­es
• Fam­i­lies focused on estate plan­ning and step-up in basis strate­gies
• Investors seek­ing diver­si­fi­ca­tion away from sin­gle-prop­er­ty risk

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Why Clients Choose Me

Spe­cial­ized Exper­tise
DSTs and 1031 exchanges are high­ly nuanced. My focus in this space allows me to pro­vide insight beyond gen­er­al real estate or finan­cial advice.

Clear Com­mu­ni­ca­tion
I break down com­plex con­cepts into clear, action­able infor­ma­tion so you can make con­fi­dent deci­sions.

Strate­gic Per­spec­tive
Beyond sim­ply “plac­ing funds,” I help struc­ture port­fo­lios with an empha­sis on long-term out­comes, tax effi­cien­cy, and risk man­age­ment.

Client-First Mind­set
Your goals dri­ve every rec­om­men­da­tion. I pri­or­i­tize trans­paren­cy, suit­abil­i­ty, and align­ment with your finan­cial future.

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Impor­tant Con­sid­er­a­tions

While DSTs and 1031 exchanges offer pow­er­ful ben­e­fits, they also involve risks and lim­i­ta­tions, includ­ing:

• Illiq­uid­i­ty dur­ing the hold peri­od
• Depen­dence on spon­sor per­for­mance
• Mar­ket fluc­tu­a­tions
• IRS com­pli­ance require­ments

I ensure clients under­stand both the advan­tages and the trade-offs before mov­ing for­ward.

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Let’s Start the Con­ver­sa­tion

If you’re con­sid­er­ing sell­ing an invest­ment prop­er­ty, explor­ing a 1031 exchange, or sim­ply want to under­stand whether a Delaware Statu­to­ry Trust may fit into your over­all strat­e­gy, I’m here to help.

My goal is to pro­vide clar­i­ty, struc­ture, and confidence—so you can make informed deci­sions about your real estate invest­ments and your finan­cial future.

Dis­clo­sure

Fidu­cia­ry Cap­i­tal Man­age­ment LLC (“FCM”) is a reg­is­tered invest­ment advis­er. Reg­is­tra­tion with the U.S. Secu­ri­ties and Exchange Com­mis­sion (“SEC”) does not imply a cer­tain lev­el of skill or train­ing.  This mate­r­i­al is pro­vid­ed for infor­ma­tion­al and mar­ket­ing pur­pos­es only and does not con­sti­tute an offer to sell or a solic­i­ta­tion of an offer to buy any secu­ri­ties or invest­ment advi­so­ry ser­vices in any juris­dic­tion where such offer or solic­i­ta­tion would be unlaw­ful.  The infor­ma­tion con­tained here­in is gen­er­al in nature and is not intend­ed as invest­ment, legal, tax, or account­ing advice. Any ref­er­ences to invest­ment strate­gies, asset class­es, or invest­ment oppor­tu­ni­ties are pro­vid­ed for illus­tra­tive pur­pos­es only and may not be suit­able for all investors. Invest­ment deci­sions should be made based on an individual’s spe­cif­ic finan­cial sit­u­a­tion, objec­tives, and risk tol­er­ance.

Cer­tain ser­vices described may involve invest­ments in pri­vate funds, alter­na­tive invest­ments, or oth­er illiq­uid assets that are spec­u­la­tive in nature and involve a high degree of risk, includ­ing the pos­si­ble loss of prin­ci­pal. Such invest­ments may be avail­able only to accred­it­ed or qual­i­fied investors and are sub­ject to addi­tion­al reg­u­la­to­ry and offer­ing require­ments.  Past per­for­mance is not indica­tive of future results. Any per­for­mance-relat­ed infor­ma­tion, if pro­vid­ed, is for illus­tra­tive pur­pos­es only and has not been ver­i­fied inde­pen­dent­ly unless express­ly stat­ed.

FCM does not guar­an­tee the accu­ra­cy or com­plete­ness of infor­ma­tion pro­vid­ed by third par­ties, includ­ing fund spon­sors or oth­er exter­nal sources. Any for­ward-look­ing state­ments are based on cur­rent assump­tions and are sub­ject to change with­out notice.  Secu­ri­ties may be offered through MSC-BD, LLC, Mem­ber FINRA and SIPC. MSC-BD, LLC is a bro­ker-deal­er and is not affil­i­at­ed with Fidu­cia­ry Cap­i­tal Man­age­ment LLC unless oth­er­wise express­ly dis­closed. Addi­tion­al dis­clo­sures regard­ing bro­ker­age ser­vices will be pro­vid­ed as applic­a­ble.  For addi­tion­al infor­ma­tion about FCM, includ­ing its ser­vices, fees, and con­flicts of inter­est, please refer to FCM’s Form ADV Part 2A, which is avail­able upon request or via the SEC’s Invest­ment Advis­er Pub­lic Dis­clo­sure web­site.