ADV/Regulatory

GCA 1031 provides education and consulting services related to Delaware Statutory Trusts, also called DST investments, and Section 1031 like-kind exchanges. The information on this website is intended for investors and financial professionals who are considering DST strategies, tax mitigation strategies for appreciated real estate, and related planning ideas in the United States.

GCA 1031 and its associated persons may be investment adviser representatives or hold securities-related licenses in some jurisdictions as required by law. Any specific regulatory status is described in the firm advisory agreements and in the applicable Form ADV or similar disclosure documents, which are available upon request.

Nothing on this website changes or replaces the terms of any written agreement between you and GCA 1031.

No offer or solicitation

The content on this website is for informational and educational purposes only. It is not:

• An offer to sell or a solicitation of an offer to buy any security or investment
• A recommendation regarding any specific DST, 1031 exchange property, sponsor, or strategy
• An invitation to participate in any particular transaction

Any offer of interests in a DST or other security can be made only by the current confidential private placement memorandum or other official offering documents for that investment, which should be carefully reviewed before making an investment decision.

No legal, tax, or accounting advice

DST investments and 1031 exchanges involve complex federal, state, and local tax rules, as well as legal and estate planning considerations.

GCA 1031 does not provide legal, tax, or accounting advice. The firm works in collaboration with your existing tax, legal, and financial professionals. You are strongly encouraged to consult with:

• A qualified certified public accountant or tax adviser
• A licensed attorney familiar with real estate and exchange rules
• Your existing financial adviser, wealth manager, or family office

Any discussion of tax treatment, tax deferral, or estate planning benefits is general in nature and may not apply to your specific situation.

1031 exchanges and DST investment risks

All investments involve risk, including the possible loss of principal. DST interests are generally considered illiquid and speculative. Among other things, investors in DST structures and other real estate-related investments should understand the following risks:

• Real estate market risk, including changes in local and national economic conditions
• Vacancy risk and tenant credit risk
• Interest rate risk and financing risk when leverage is used
• Sponsor and manager risk, including the risk that a sponsor may underperform or fail
• Lack of liquidity, since there is usually no public market for DST interests
• Possible reduction or suspension of cash distributions at any time
• Risks associated with property concentration in a single sector, tenant, region, or strategy
• Tax law and regulatory changes that could affect the viability of a 1031 exchange or DST structure

There is no guarantee that a 1031 exchange will qualify under Internal Revenue Service rules. Failure to satisfy identification deadlines, replacement property rules, or other requirements can result in the recognition of taxable gain, interest, and penalties.

DST interests are not suitable for every investor. They are generally intended for investors who can tolerate illiquidity, a long investment horizon, and potential loss of capital.

Accredited investor and suitability considerations

Many DST offerings and private real estate programs are limited to accredited investors as defined under United States securities laws. Even where accreditation is not required, not every strategy is appropriate for every investor.

Before pursuing a DST or 1031 exchange strategy, investors should carefully consider whether the investment is suitable in light of:

• Overall financial situation and net worth
• Income needs and liquidity needs
• Investment objectives, time horizon, and risk tolerance
• Other holdings and diversification needs
• Estate and legacy planning goals

Any suitability review or know your client process that GCA 1031 may perform is based on information that you provide and is not a guarantee of performance or tax outcome.

Performance, projections, and illustrations

Any references to distribution rates, projected cash flows, internal rates of return, or other performance measures are for illustration only. They are based on assumptions that may not be realized.

• Past performance does not guarantee future results
• Target or projected returns are not promises of actual results
• Actual performance may be higher or lower than estimates and may result in loss of principal

Hypothetical examples, case studies, or scenarios on this website are for educational purposes. They do not represent the results of a specific investor and should not be interpreted as a prediction of your situation.

Use of third party products and sponsors

GCA 1031 may provide education and consulting related to offerings that are created, sponsored, or managed by third party companies. These third party sponsors are responsible for:

• Offering documents and disclosures
• Property acquisition, management, and disposition
• Financial reporting and investor communications

GCA 1031 does not guarantee or underwrite the obligations of any third party sponsor, issuer, or manager. Any decision to invest in a sponsor or DST offering should be based solely on your review of that sponsor s current private placement memorandum and related documents, together with the guidance of your own advisers.

Potential conflicts of interest

GCA 1031 and its associated persons may receive compensation in connection with consulting services, referrals, or advisory relationships. This compensation can create incentives that are different from those of an unaffiliated independent adviser.

Where applicable, details about compensation, fee arrangements, and potential conflicts of interest are described in the firm advisory agreements and disclosure documents such as Form ADV Part 2. You should review these carefully and ask questions about any relationship that is not clear.

Website content, accuracy, and changes

The information on this website is believed to be accurate at the time it is posted, but it may become incomplete or outdated without notice. Laws, regulations, market conditions, and sponsor information can change at any time.

GCA 1031 does not have any obligation to update every page of this site. The firm may modify or remove content at any time. You should not rely on this website as your sole source of information for any investment decision.

If there is any conflict between the information on this site and the terms of a current offering document or signed advisory agreement, the offering document or agreement will control.

Links to other websites

This website may contain links to third-party websites or resources that are not controlled by GCA 1031. These links are provided as a convenience only.

• GCA 1031 does not endorse or approve the content on third-party sites
• GCA 1031 is not responsible for the accuracy, security, or privacy practices of third-party sites
• You access any linked site at your own risk

You should review the terms, conditions, and policies of any third-party website that you visit.

Email and electronic communications

Electronic communications, including email, contact forms, and messages submitted through this website, may not be secure. Do not send confidential personal information, account numbers, Social Security numbers, or other sensitive data through unencrypted channels.

Communications with GCA 1031 through this website or by email do not, by themselves, create an advisory relationship. An advisory relationship is established only after all required documents are signed and accepted by the firm and by you.

Regulatory and jurisdictional information

The services described on this website are intended for residents of the United States in jurisdictions where GCA 1031 and its associated persons are properly registered or exempt from registration.

Nothing on this site is intended for use in any country or jurisdiction where such use would be contrary to local law or regulation, or where GCA 1031 would be required to register or notice file and has not done so.

If you choose to access this website from outside the United States, you do so on your own initiative and are responsible for complying with local laws.

Relationship to Form ADV and other documents

If GCA 1031 is acting as an investment adviser, the firm’s Form ADV and advisory brochure provide important information about business practices, fees, conflicts of interest, and disciplinary history.

• You may request a current copy of Form ADV at any time.
• You should review all disclosure documents carefully before engaging GCA 1031 or investing in any product that the firm discusses.

This page is a summary of general regulatory and compliance information for website visitors. It does not replace or supersede any disclosure documents, advisory agreements, or offering memoranda.

Updates to these disclosures

GCA 1031 may revise these ADV and regulatory disclosures at any time without prior notice. The date of the most recent revision will be updated when material changes are made.

Your continued use of this website after any changes are posted will constitute your acceptance of those changes.

Contact information

If you have questions about these disclosures or would like a copy of the most recent firm brochure or Form ADV, please get in touch with GCA 1031 using the information provided on the Contact page of this website.

Important reminder

This page is provided for general informational purposes only. It is not legal, tax, or accounting advice. You should consult your own independent professional advisers regarding your specific situation before making any investment or 1031 exchange decision.