We're speaking with Richard Hershey of WeReduceTaxes(dot)com, an expert in 1031 exchanges and their alternatives. We discuss 1031 exchanges in an easy-to-understand way -- and how they help sellers defer the payment of capital gains taxes. However, because of the lack of inventory in today's market, there is a lack of viable properties to exchange. Instead, his company has another alternative -- a "Deferred Sales Trust." He let's us know in detail how the trust works and how it can be another option.