Course ID: 1031

The Complete Guide to IRC Section 1031 Tax-Deferred Exchanges

In today’s real estate market, IRC Section 1031 tax-deferred exchanges can be one of the most important planning tools available to the real estate investor. The use of this technique is filled with pitfalls and traps. This course will assist the practitioner in understanding the mechanics of a tax-deferred exchange and the value of a tax-deferred exchange in both tax and financial planning.


LEARNING OBJECTIVES
  • To provide tax practitioners with an understanding of the mechanics of a tax-deferred exchanges and the value of applying it in tax and financial planning.

MAJOR TOPICS
  • Complete explanation of IRC Section 1031
  • Understand when to use a tax-deferred exchange
  • Advantages and disadvantages of paying the tax versus using an exchange
  • Understand the definition of like-kind property
  • Understand what a qualified intermediary is
  • Understand the need for an exchange accommodation title holder
  • Understand a reverse exchange
  • Understand a build-to-suit exchange
  • Understand the forty-five-day rule and how to calculate it
  • Understand what a related party/disqualified party is
  • Precautions for property identification
  • Partnership versus tenancy in common issues
  • Investment property versus property held for sale

DESIGNED FOR
CPAs, attorneys, finance professionals, financial planners

FIELD OF STUDY
Specialized Knowledge & Application
Taxes

PREREQUISITES
None

COURSE PRODUCER
Werner-Rocca Seminars LTD

CPE CREDITS
8.0

LEVEL
Basic

This course is available for your group as:

Group Live
 

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