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The 1031 Exchange: What You Need to Know!

Topic

General Principles of Financial Planning

Program ID

344748

Hours

1

Format

Live / Stand-alone Workshop or Seminar

Complexity

Intermediate

Description

This presentation will teach you everything from basic to advanced topics about 1031 exchanges. More importantly, it will let you know what your clients are thinking and where they are likely to have misconceptions about the rules. We will discuss the applicable taxes to be avoided, the timelines for exchanges, and how to balance an exchange for 100% tax deferral. We will discuss what is like kind property and how to properly identify property. We will discuss the Delaware Statutory Trust securitized real estate investments. And we will explain the role of the Qualified Intermediary.

Learning Objectives

Objective 1 - Understand the IRS requirements for full tax-deferral. Objective 2 - Know the timelines and how to identify replacement property. Objective 3 - Understand the role of the Qualified Intermediary.