Description

Course Description:

In this class you will learn to recognize 1031 Exchange Opportunities and to be able to assist investment property sellers and buyers in utilizing the benefits this 100-year-old section of the IRS Tax Code provides. Also, there will be a review of recent tax law changes and alternative strategies that are material to 1031 Exchange addressing many of today’s issues and changing markets. As an added bonus, being the last quarter of the year, “Year End Planning Tools” will be shared to help your clients prepare for investment property sales in coming years and to avoid many of the issues that can arise during an exchange with thoughtful planning.

Outline:

1: Why use 1031 Exchange

2: What property qualifies for 1031 Exchange 

3: Regulations and Rules 

4: Process to fulfill an Exchange

5: Critical Timelines & Dates

6: Pitfalls to avoid & Disclosure
7: Extensions to the 1031 timelines 

8. Reverse and Improvement Exchanges

9: Safe Harbor Exchange vs. Non-Safe Harbor

10: Year End Planning, Strategies & Tax Straddles

11: Partnership, Trust and Vesting Issues

12: Definition of Qualified Replacement Property 

13: Alternative Replacement Solutions

14: Vacation & Second Homes 

15: Conversion to and from personal use (Primary Residences)

16: Updates and Tax Law Changes; The One Big Beautiful Bill 

17: Q&A and Case Study (Time Permitting)

Instructor, Doug Blackwell

Certificates
We’ll email your CE certificate to you within two business days after class completion.