Understanding & Planning For 1031 Tax-Deferred Exchanges

"Class size was ideal; classroom and arrangement great; meal size perfect -- and didn't fall asleep like at other seminars!"
- Rod Fujii, CPA - Shea Properties
This seminar is presented at the introductory to intermediate level for experienced real estate professionals such as real estate accountants, attorneys, brokers, escrow officers, title officers and investors. To gain an edge or even survive in the real estate industry means learning more ways to help your clients' structure and close real estate transactions. Real estate professionals must possess the necessary knowledge, skill and creativity to give proper advice to their clients. The lack of knowledge or fear of the unknown can result in missed opportunities.
The real estate market has always been greatly influenced by the consideration of acquisition, holding or disposition tax laws. Recent tax law changes have made like-kind exchanges more popular. 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 real estate professionals.
Knowledge and experience in commercial real estate transactions should be considered a prerequisite for this program. This program is designed to take an experienced real estate professional from an introductory to an intermediate level of knowledge and practical skill in the area of California like-kind exchanges under 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 learn the historical overview, evolution and statutory framework of IRC §1031. You will also learn the circumstances in which a like-kind exchange may be appropriate. Practical case studies will teach you how to calculate adjusted basis, realized gain, recognized gain and the basis of the newly acquired property. This seminar will review typical documentation for delayed exchanges and the role of the qualified intermediary, attorney, accountant, broker, escrow officer and title officer in a typical exchange. Finally, the seminar will discuss the special issues of reverse, built to suit, personal and multiple property exchanges as well as other special considerations in a like-kind exchange.