What is the difference between Corcapa and a sponsor?
Corcapa 1031 Advisors is the California Branch Office of DAI Securities, LLC and is currently registered to do business in 40 states. We broker your 1031 Exchange DST transaction but are not the sponsor.
The Sponsor is the real estate firm that has sourced and structured the 1031 Exchange DST investment and will serve as the property manager (if not outsourced) and the asset manager. The sponsor will send the quarterly reporting, host conference calls about property performance and send year-end tax information.