DBSI Liquidating Trusts
click here to submit a request
Toll Free: 866.441.3377
Main Background FAQ Tax Forms Docs

Frequently Asked Questions [FAQ]

Note: We will attempt to update this section periodically based upon inquiries we receive from trust beneficiaries.

DBSI REAL ESTATE TRUST DISTRIBUTIONS
[+] I just received a distribution letter with a check – will there be more distributions?
[+] Is this money taxable?
[+] How much property has been sold since the first distributionin February 2012?
[+] How much property remains to be sold?
[+] The letter I received talked about a ‘waterfall distribution’. What is the waterfall?
[+] What is a ‘Grantor Letter’, when will I receive it, and what does it mean?
[+] What are Schedule 4 and Schedule 12 investors and how will that affect my distributions from the DBSI Real Estate Liquidating Trust?

FEDERAL INCOME TAX CONSEQUENCES
[+] Will I receive a K1 for 2012?
[+] How is the Liquidating Trust generally treated for federal income tax purposes?
[+] What is the income tax treatment of the initial transfers to the Liquidating Trust?
[+] What is the income tax significance of the valuation information supplied in this letter?
[+] Who is taxed on income or gains earned by the Liquidating Trust?
[+] What kind of tax return will be filed by the Liquidating Trust and what kind of annual tax statement will I receive from the Liquidating Trust?

QUESTIONS WE HAVE RECEIVED FROM TRUST BENEFICIARIES
[+] Is the beneficial interest the amount that I will receive?
[+] When can I look forward to receiving this money?
[+] Does the Liquidating Trust have the money in their accounts?
[+] I would like communications mailed to my Broker Dealer.
[+] When do I declare this on my taxes?
[+] My property is being managed by another group, so how am I involved with the DBSI bankruptcy?
[+] What will it cost me to receive the projected beneficial interest?
[+] Why not distribute the interest immediately instead of having the attorneys and other professionals eat up the dollars?
[+] What does the percentage % mean?
[+] Will I receive a K1 for 2012?
[+] Why is the percentage listed in the letter I received different from the ownership percentage of my investment?

TRANSFERABILITY OF BENEFICIAL INTEREST
[+] Is My Beneficial Interest Transferable?
[+] If I Qualify for a Permissible Transfer, What Do I need to Do?
[+] Is there as Cost to Make a Permissible Transfer?

Privacy Policy | © DBSI Liquidating Trusts 2011. All Rights Reserved.