---
title: Cash Investments MORE – Multiple Owner Real Estate
description: MOREs – Multiple Owner Real Estate are typically diversified portfolios of properties. They enable investors to select the private placement program that best suits their needs. There are risks associated with investing in Delaware Statutory Trust (DST) and real estate investment properties.
image: https://www2.1031dst.com/hubfs/bill-anastas-118683-unsplash.jpg
---
[(844-437-8103)](tel:8444378103)
-
-
- [Sign In](https://www.1031dst.com/sign-in/)
- [Browse Properties](https://www.1031dst.com/property-listings-directory/)
[](https://www.1031dst.com/)
- [Our Process](https://www.1031dst.com/our-process/)
- [About Us](https://www.1031dst.com/about/)
- [Sponsors](https://www.1031dst.com/sponsor/)
- Exchanges
- [1031 Exchange](https://www2.1031dst.com/a-guide-to-your-1031-exchange)
- [1033 Exchange](https://www2.1031dst.com/1033-exchange)
- [Delaware Statutory Trusts](https://www2.1031dst.com/abcs-of-dsts)
- [Opportunity Zones](https://www2.1031dst.com/opportunity-zones)
- [Glossary](https://www.1031dst.com/glossary/)
- [Properties](https://www.1031dst.com/property-listings-directory/)
- [Resources](https://www2.1031dst.com/resources)
- [Insights](https://www2.1031dst.com/insights)
- [Events](https://www.1031dst.com/events/)
- [Contact Us](https://www.1031dst.com/contacts/)
- [Our Process](https://www.1031dst.com/our-process/)
- [About Us](https://www.1031dst.com/about/)
- [Sponsors](https://www.1031dst.com/sponsor/)
- Exchanges
- [1031 Exchange](https://www2.1031dst.com/a-guide-to-your-1031-exchange)
- [1033 Exchange](https://www2.1031dst.com/1033-exchange)
- [Delaware Statutory Trusts](https://www2.1031dst.com/abcs-of-dsts)
- [Opportunity Zones](https://www2.1031dst.com/opportunity-zones)
- [Glossary](https://www.1031dst.com/glossary/)
- [Properties](https://www.1031dst.com/property-listings-directory/)
- [Resources](https://www2.1031dst.com/resources)
- [Insights](https://www2.1031dst.com/insights)
- [Events](https://www.1031dst.com/events/)
- [Contact Us](https://www.1031dst.com/contacts/)
- [Browse Properties](https://www.1031dst.com/property-listings-directory/)
- [Sign In](https://www.1031dst.com/sign-in/)
# Fortitude's Insights
[Delaware Statutory Trust](https://www2.1031dst.com/insights/topic/delaware-statutory-trust) [Multiple Owner Real Estate](https://www2.1031dst.com/insights/topic/multiple-owner-real-estate)
# [Cash Investments MORE – Multiple Owner Real Estate](https://www2.1031dst.com/insights/daniel-raupp/cash-investments-more-multiple-owner-real-estate)
By [Daniel Raupp](https://www2.1031dst.com/insights/author/daniel-raupp) | 26, February 2016
[READ NOW](https://www2.1031dst.com/insights/daniel-raupp/cash-investments-more-multiple-owner-real-estate)
[](https://www2.1031dst.com/insights/author/daniel-raupp)
[Daniel Raupp](https://www2.1031dst.com/insights/author/daniel-raupp)
Tags: [Delaware Statutory Trust](https://www2.1031dst.com/insights/topic/delaware-statutory-trust) [Multiple Owner Real Estate](https://www2.1031dst.com/insights/topic/multiple-owner-real-estate)
High net worth, accredited investors looking for an investment alternative to traditional stocks, bonds, and mutual funds may want to consider investing in commercial real estate through a DST (Delaware Statutory Trust) or LLC with multiple investors. The investments are known as MOREs – Multiple Owner Real Estate, and they are typically diversified portfolios of properties, such as retail, office and residential. They enable investors to select the private placement program that best suits their needs.
### Advantages of Owning Commercial Real Estate
- **Portfolio diversification with value tied to bricks and mortar**
- **Possible hedge against inflation**
- **Income generated, if any, may be considered passive income**
- **May provide monthly or quarterly cash flow**
- **Capital appreciation may be possible on sale**
Potential tax advantages through depreciation and other tax deductions may provide attractive tax equivalent yields. In the event of a profitable sale of a certain property, owners may explore the possibility of deferring the tax on their capital gain through a 1031 exchange.
Benefit of Passive Income Generators
Fortitude has the capacity to offer private-placement investments that may be passive income generators, presenting investors with opportunities they are often interested to discover. If you have other passive real estate investments in other passive programs – with expenses that exceed cash flow – you have passive activity losses.
The only way to get a tax benefit from those passive losses before selling the passive real estate asset is to have passive income. Passive losses are not deductible against any kind of income except passive income.
### Here’s How It Works
A hypothetical investor has $100,000 in passive activity losses, which he is looking to carry forward over a 10-year period. He is considering an investment that is expected to produce 6% in cash flow over a probable life of 10 years. Here is a formula he might use to determine the amount of money he would need to invest to produce $10,000 of passive income to offset his passive losses:
- **$100,000 passive activity losses divided by 10 years (carry-forward period)**
- **Looking to offset $10,000 in passive activity losses per year**
- **$10,000 passive income / 6% (hypothetical cash flow) = $166,666.00**
- **Investment of $166,666.00 equals $10,000 of tax-free income per year assuming a continuing 6% cash flow**
This is for educational purposes only, does not constitute an offer to buy/sell securitized real estate investments, and is not meant to be interpreted as tax or legal advise. Because investor situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your legal and tax advisors for guidance regarding your particular situation. Diversification is not a guarantee of future results. Potential returns/appreciation are not guaranteed and can be lower than expected.
There are risks associated with investing in Delaware Statutory Trust (DST) and real estate investment properties including, but not limited to, loss of entire principal, declining market value, tenant vacancies and illiquidity. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence or $200,000 income individually/$300,000 jointly of the last three years) and accredited entities only.
[](https://cta-redirect.hubspot.com/cta/redirect/4583849/3d02f88d-1a87-458a-adc9-0ac6fc1ce1c1)
Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Advisory services offered through Concorde Asset Management, LLC, an SEC registered investment adviser. Insurance offered through Concorde Insurance Agency, Inc. Fortitude Investment Group is independent of CIS, CAM and CIA.
# [Daniel Raupp](https://www2.1031dst.com/insights/author/daniel-raupp)
Under Daniel Raupp's guidance since 2000, Fortitude Investment Group, LLC has guided clients into over $1 billion worth of securitized real estate investment offerings directly and indirectly, in both the DSTs for 1031 Exchanges and REITs. In the areas of real estate, tax advantaged investments, insurance, retirement, and estate planning, he is able to set up comprehensive, individually tailored client portfolios designed to help remove market volatility and maximize income potential without undue risk.
Inspired by his father’s dedication to customer service and hard work, Daniel directs a range of strategic initiatives in the firm to successfully leverage core competencies in real estate consulting, tax efficient investing, alternative investments, and operational excellence to create customer value. His credentials include a Series 7 General Securities Representative (GS) License, Series 24 Principal of General Representatives License, Series 63 Uniform Securities Agent License, and a Life/Accident and Health Agent License. [Check Daniel’s background on FINRA’s BrokerCheck.](https://brokercheck.finra.org/Individual/Summary/4079107)
This is for informational purposes only and is not an offer to buy/sell an investment. There are risks associated with investing in Delaware Statutory Trust (DST) and real estate investment properties including, but not limited to, loss of entire principal, declining market value, tenant vacancies and illiquidity. Diversification does not guarantee profits or guarantee protection against losses. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. This information is not meant to be interpreted as tax or legal advice. Please speak with your legal and tax advisors for guidance regarding your particular situation.
Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC registered investment adviser. Insurance products offered through Concorde Insurance Agency, Inc. (CIA) Fortitude Investment Group is independent of CIS, CAM, and CIA.
### Subscribe To Our Blog
Thanks for submission!!
- Recent
- Popular
### Posts by Topic
- [1031 Exchange (117)](https://www2.1031dst.com/insights/tag/1031-exchange)
- [DST (54)](https://www2.1031dst.com/insights/tag/dst)
- [Delaware Statutory Trust (20)](https://www2.1031dst.com/insights/tag/delaware-statutory-trust)
- [Opportunity Zones (16)](https://www2.1031dst.com/insights/tag/opportunity-zones)
- [1031 (14)](https://www2.1031dst.com/insights/tag/1031)
- [Taxes (13)](https://www2.1031dst.com/insights/tag/taxes)
- [1033 Exchange (8)](https://www2.1031dst.com/insights/tag/1033-exchange)
- [Covid-19 (8)](https://www2.1031dst.com/insights/tag/covid-19)
- [Estate Planning (7)](https://www2.1031dst.com/insights/tag/estate-planning)
- [Real Estate Investing (7)](https://www2.1031dst.com/insights/tag/real-estate-investing)
- [1031 Exchange Deadlines (6)](https://www2.1031dst.com/insights/tag/1031-exchange-deadlines)
- [Landlords (6)](https://www2.1031dst.com/insights/tag/landlords)
- [Real Estate (6)](https://www2.1031dst.com/insights/tag/real-estate)
- [1031 Delaware Statutory Trust (5)](https://www2.1031dst.com/insights/tag/1031-delaware-statutory-trust)
- [1031 replacement property (5)](https://www2.1031dst.com/insights/tag/1031-replacement-property)
- [721 Exchange (5)](https://www2.1031dst.com/insights/tag/721-exchange)
- [Capital Gains (5)](https://www2.1031dst.com/insights/tag/capital-gains)
- [Private Real Estate (5)](https://www2.1031dst.com/insights/tag/private-real-estate)
- [Tax Relief (5)](https://www2.1031dst.com/insights/tag/tax-relief)
- [NYC Real Estate (4)](https://www2.1031dst.com/insights/tag/nyc-real-estate)
- [Private Placements (4)](https://www2.1031dst.com/insights/tag/private-placements)
- [2020 Election (3)](https://www2.1031dst.com/insights/tag/2020-election)
- [Biden (3)](https://www2.1031dst.com/insights/tag/biden)
- [Fortitude (3)](https://www2.1031dst.com/insights/tag/fortitude)
- [Inflation (3)](https://www2.1031dst.com/insights/tag/inflation)
- [Interest Rates (3)](https://www2.1031dst.com/insights/tag/interest-rates)
- [Investments (3)](https://www2.1031dst.com/insights/tag/investments)
- [PIG/PAL (3)](https://www2.1031dst.com/insights/tag/pig-pal)
- [Case Study (2)](https://www2.1031dst.com/insights/tag/case-study)
- [Depreciation Recapture (2)](https://www2.1031dst.com/insights/tag/depreciation-recapture)
- [Disaster Relief (2)](https://www2.1031dst.com/insights/tag/disaster-relief)
- [Multiple Owner Real Estate (2)](https://www2.1031dst.com/insights/tag/multiple-owner-real-estate)
- [Qualified Intermediary (2)](https://www2.1031dst.com/insights/tag/qualified-intermediary)
- [REIT (2)](https://www2.1031dst.com/insights/tag/reit)
- [Renter Protection Laws (2)](https://www2.1031dst.com/insights/tag/renter-protection-laws)
- [Retirement (2)](https://www2.1031dst.com/insights/tag/retirement)
- [1031 Delaware Statutory Trust Knowledge (1)](https://www2.1031dst.com/insights/tag/1031-delaware-statutory-trust-knowledge)
- [1033 (1)](https://www2.1031dst.com/insights/tag/1033)
- [Alternative Investments (1)](https://www2.1031dst.com/insights/tag/alternative-investments)
- [Boot (1)](https://www2.1031dst.com/insights/tag/boot)
- [Commercial Real Estate Transactions (1)](https://www2.1031dst.com/insights/tag/commercial-real-estate-transactions)
- [DST Sponsor (1)](https://www2.1031dst.com/insights/tag/dst-sponsor)
- [Diversification (1)](https://www2.1031dst.com/insights/tag/diversification)
- [FIRPTA (1)](https://www2.1031dst.com/insights/tag/firpta)
- [IRC 2704 (1)](https://www2.1031dst.com/insights/tag/irc-2704)
- [IRS (1)](https://www2.1031dst.com/insights/tag/irs)
- [Insurance (1)](https://www2.1031dst.com/insights/tag/insurance)
- [Long-Term Care (1)](https://www2.1031dst.com/insights/tag/long-term-care)
- [Multifamily Real Estate (1)](https://www2.1031dst.com/insights/tag/multifamily-real-estate)
- [Net Lease Investments (1)](https://www2.1031dst.com/insights/tag/net-lease-investments)
- [Passive Income (1)](https://www2.1031dst.com/insights/tag/passive-income)
- [Property Regulations (1)](https://www2.1031dst.com/insights/tag/property-regulations)
- [Reverse 1031 Exchange (1)](https://www2.1031dst.com/insights/tag/reverse-1031-exchange)
- [Step-Up in Basis (1)](https://www2.1031dst.com/insights/tag/step-up-in-basis)
- [Tenant-In-Common (1)](https://www2.1031dst.com/insights/tag/tenant-in-common)
- [Triple Net Lease (1)](https://www2.1031dst.com/insights/tag/triple-net-lease)
[](https://cta-redirect.hubspot.com/cta/redirect/4583849/2e9f6bdd-d0be-40a4-abf5-0ce73c867952)
#### Let Us Know What You Thought about this Post.
Put your Comment Below.
[Previous Post](https://www2.1031dst.com/insights/daniel-raupp/seller-financing-options-for-1031-exchanges)
##### [Seller-Financing Options For 1031 Exchanges](https://www2.1031dst.com/insights/daniel-raupp/seller-financing-options-for-1031-exchanges)
[Next Post](https://www2.1031dst.com/insights/1031-real-estate-exchanges-utilizing-the-delaware-statutory-trust)
##### [1031 Real Estate Exchanges Utilizing the Delaware Statutory Trust (DST)](https://www2.1031dst.com/insights/1031-real-estate-exchanges-utilizing-the-delaware-statutory-trust)
### New York
- [(844-437-8103)](tel:8444378103)
- [1031@fortitudeinvestments.com](mailto:1031@fortitudeinvestments.com)
- [61 Route 25A Setauket, NY 11733](https://goo.gl/maps/bdbvzDBiRZxGNmDa7)
### New Jersey
- [(844-437-8103)](tel:8444378103)
- [1031@fortitudeinvestments.com](mailto:1031@fortitudeinvestments.com)
- [101 Cedar Lane, Suite 101 Teaneck, NJ 07667](http://go.techbear.com/55072)
### Florida
- [(844-437-8103)](tel:8444378103)
- [1031@fortitudeinvestments.com](mailto:1031@fortitudeinvestments.com)
- [3801 PGA Blvd. Suite 600, Palm Beach Gardens, FL 33410](https://goo.gl/maps/e58XUSTQEX29dTyHA)
### California
- [(844-437-8103)](tel:8444378103)
- [1031@fortitudeinvestments.com](mailto:1031@fortitudeinvestments.com)
- [2950 Buskirk Avenue, Suite 300 Walnut Creek, CA 94597](http://go.techbear.com/ccb7e)
[](https://brokercheck.finra.org/)
This is for informational purposes only and is not an offer to buy/sell an investment. Pictures used are for illustration purposes only and are not current offerings. Future offerings will vary and may change at any time. The companies depicted in the photographs and listed herein may have proprietary interests in their names and trademarks. Nothing herein shall be considered an endorsement, recommendation, or offer to purchase by Fortitude Investment Group, CIS, CAM and CIA, or the investment vehicles they may offer of such depicted companies. Further, none of the companies are affiliated with Fortitude Investment Group, CIS, CAM and CIA in any manner. [Concorde Investment Services, LLC 19500 Victor Parkway, Suite 550, Livonia, MI 48152.](https://goo.gl/Wvki2W)
Securities offered through Concorde Investment Services, LLC (CIS), member [FINRA](http://www.finra.org/)/[SIPC](https://www.sipc.org/). Advisory services offered through Concorde Asset Management, LLC (CAM), an SEC registered investment adviser. Insurance products offered through Concorde Insurance Agency, Inc. (CIA) Fortitude Investment Group is independent of CIS, CAM, and CIA, all of whom are unaffiliated with third-party sites, cannot verify the accuracy of, nor assume responsibility for any content of linked third-party sites. Information available on third-party sites is for informational purposes only.
[Concorde's FORM CRS.](https://concordeis.com/formcrs.pdf)
DST Investments | 1031 Exchange Options – Fortitude Investment Group © 2026. [Privacy Policy](https://www.1031dst.com/investments/privacy-policy/)
```json
{
"@context" : "https://schema.org",
"@type" : "BlogPosting",
"author" : {
"@type" : "Person",
"name" : "Daniel Raupp",
"url" : "https://www2.1031dst.com/insights/author/daniel-raupp"
},
"dateModified" : "2022-11-10T19:08:10.857Z",
"datePublished" : "2016-02-26T16:39:00.000Z",
"headline" : "Cash Investments MORE – Multiple Owner Real Estate",
"image" : [ "https://www2.1031dst.com/hubfs/bill-anastas-118683-unsplash.jpg" ],
"mainEntityOfPage" : {
"@id" : "https://www2.1031dst.com/insights/daniel-raupp/cash-investments-more-multiple-owner-real-estate",
"@type" : "WebPage"
},
"publisher" : {
"@type" : "Organization",
"logo" : {
"@type" : "ImageObject",
"url" : "https://www2.1031dst.com/hubfs/Fortitude%20Investment%20Group%20Logo.jpg"
},
"name" : "Fortitude Investment Group llc."
}
}
```