Introduction to 1031 Exchanges
Date: Tuesday, February 4, 2025
Instructor: Anthony Phillips
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
3 hours for CPAs
3 hours Federal Tax Related for EAs and OTRPs |
|
This webcast covers the basic information needed to help your clients structure and accomplish a 1031 exchange. You will learn the historical overview, evolution and statutory framework of IRC §1031. It is designed to provide the attendee the necessary knowledge of the tax and legal considerations to recognize opportunities and to properly structure like-kind exchanges of real property. You will also learn the necessary knowledge, skill and creativity to give proper advice to your clients.
Even though capital gains may be taxed at rates lower than ordinary income, like-kind exchanges offer the substantial tax benefit of deferring tax payments. A working understanding of like-kind exchange laws, rules and regulations is an essential attribute for every certified public accountant.
Who Should Attend
CPAs, EAs, and real estate professionals who may need to counsel clients on the tax implications of 1031 exchanges
Topics Covered
- Historical overview and evolution of IRC §1031
- Essential Requirements for IRC §1031 Exchanges
- Property Ineligible for Exchange Treatment
- Mechanics of Delayed Exchanges
Learning Objectives
- Participants will learn the basics about 1031 exchanges
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (3 hours)
Program Prerequisites
None
Advance Preparation
None
