Defer the tax.
Stay invested in real estate.

A specialist brokerage for tax-advantaged real estate.

Baker 1031 Investments is a San Francisco–based, founder-led real estate securities firm that helps accredited investors complete 1031 exchanges using institutional Delaware Statutory Trust (DST) properties — building custom portfolios from leading sponsors, and also working in 721 UPREIT exchanges, Opportunity Zone funds, mineral & royalty interests, and REITs so clients defer capital gains and own income real estate without the work of managing it.

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Our 1031 Exchange Strategies

Delaware Statutory Trusts (DSTs)

Institutional-quality, professionally managed real estate structured for 1031 exchange investors. DSTs allow you to complete your exchange into fractional interests in large commercial properties — multifamily, industrial, net-lease, and more — with no landlord responsibilities.

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721 UPREIT Exchanges

Exchange your property into an operating partnership of a REIT through a 721 contribution — converting a single asset into a diversified, institutionally managed portfolio with potential liquidity over time.

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Opportunity Zone Funds

Reinvest capital gains into qualified Opportunity Zone funds to defer tax and, after a ten-year hold, potentially eliminate tax on new appreciation — a powerful complement to a 1031 strategy for gains that don't qualify for exchange.

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Mineral & Royalty Interests

Like-kind exchangeable interests in producing oil, gas, and mineral royalties — offering passive income streams uncorrelated with traditional real estate sectors and eligible for 1031 treatment.

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REITs & Income Funds

Public and private REITs and income-oriented real estate funds for investors seeking diversification, professional management, and simplified reporting alongside their tax-advantaged holdings.

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Full-Cycle 1031 DST Investments

Why Experienced Investors Choose Baker 1031 Investments

Real Estate in Context

How public and private real estate approaches compared with the broader stock market across 2025. Real estate trailed equities in a strong year for stocks, and each series below is measured differently — see the sources beneath the chart.

Total return by asset class · full-year 2025

25% 20% 15% 10% 5% 0% Baker 1031 preferred sponsors — 20.8% realized, full-cycle, net-to-investor annualized (not a 2025 calendar-year return) S&P 500 — 17.9% Private Ownership Real Estate — 4.9% Real Estate Private Equity — 3.8% Public REITs — 2.3% Crowdfunding Real Estate — 1.3% 20.8%* 17.9% 4.9% 3.8% 2.3% 1.3% Baker 1031Preferred* S&P 500 PrivateOwnership RE RE PrivateEquity PublicREITs CrowdfundingRE

* Baker 1031 preferred sponsors shows the average realized, full-cycle, net-to-investor annualized return across completed programs from our curated (“preferred”) sponsors — a multi-year figure measured over each program’s full hold, not a 2025 calendar-year return, and therefore not directly comparable to the single-year index results shown beside it. “Preferred” is Baker 1031’s own designation, not an endorsement, recommendation, or guarantee of any security or of future performance (per SEC/FINRA). Past performance does not guarantee future results.

Sources & methodology. Full-year 2025 returns. S&P 500 total return 17.88% (Slickcharts). Public REITs: FTSE Nareit All Equity REITs Index total return 2.3% (Nareit). Private Ownership Real Estate: NCREIF Property Index (NPI) 4.9%, gross unlevered. Real Estate Private Equity: NCREIF ODCE 3.8%, gross levered (NCREIF, via RCLCO). Crowdfunding Real Estate: Fundrise Flagship Real Estate Fund 1.33% net (audited Form N-CSR). These series use different methodologies (index total returns vs. appraisal-based gross returns vs. net-of-fee fund results) and reflect a single calendar year, so they are not directly comparable. Past performance does not guarantee future results.

Direct Principal Access

One-on-one attention from the firm’s managing principal — not a call center or a junior representative.

Built by Real Estate Investors

A family firm of real estate professionals who have owned, operated, and exchanged property themselves — so we understand what individual investors actually need.

Always Shown Net

All figures we present are shown net of fees and expenses — so the numbers you evaluate are the numbers you receive.

Turnkey Financing

Turnkey financing arranged for you, debt-free options available, and closings in as little as 2–3 business days.

Our Investment Sponsors

We independently vet every sponsor — track record, tenure, financial strength, and how they treat investors — before we ever present them.

650 California Street, San Francisco headquarters of Baker 1031 Investments

Baker 1031 Investments – San Francisco Headquarters

Frequently Asked Questions

The essentials on our firm, the 1031 exchange process, and the vehicles we use.

What is a 1031 exchange?
A 1031 exchange (named for Section 1031 of the IRS code) lets real estate investors sell an investment property and defer capital gains and depreciation-recapture taxes by reinvesting the full proceeds into “like-kind” replacement property within strict IRS deadlines.
What is a Delaware Statutory Trust (DST)?
A DST is a legal entity that holds title to income-producing real estate. Investors own fractional beneficial interests, which the IRS recognizes as like-kind replacement property for a 1031 exchange (Revenue Ruling 2004-86) — giving you institutional-grade real estate ownership without any day-to-day management.
What are the key 1031 exchange deadlines?
From the day you sell your relinquished property, you have 45 calendar days to formally identify replacement property and 180 calendar days to close on it. These IRS deadlines are firm — which is exactly why pre-packaged, shelf-ready offerings make a 1031 so much easier to complete.
How does Baker 1031 work with investors?
We source and independently vet institutional-quality DST and 1031 offerings, then work with you directly — principal to investor — to match you with the right opportunity and close comfortably inside your deadlines. You always speak with the principal, never a call center or a junior rep. These offerings are private placements available only to accredited investors, and any investment is made solely through the sponsor’s private placement memorandum following a suitability determination.
What are typical minimum investments?
Minimums vary by offering but commonly range from about $25,000 to $100,000, making institutional-grade real estate accessible without having to purchase an entire property yourself. You can also diversify across multiple properties and sponsors.
Are DST investments passive, and do they use leverage?
Yes — DSTs are fully passive; the sponsor handles all property management. Leverage varies by offering, and not every deal uses debt: debt-free options are available for investors who prefer to avoid mortgage risk or the need to replace debt in their exchange.
What risks should I understand?
Real estate investments involve risk, including illiquidity, potential loss of principal, and market and interest-rate risk; DST interests are long-term and generally cannot be sold on demand. Baker 1031 is a real estate firm, not a tax or legal advisor — always consult your own CPA and attorney before investing.
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1031 Exchanges DSTs 721 / UPREITs Opportunity Zones Mineral & Royalty Interests REITs Current Offerings Sponsor Directory