Strengthen Your Understanding of 1031 Tax Deferred Exchanges

Build a practical understanding of 1031 tax-deferred exchanges and the important role real estate professionals play in these transactions. This course covers qualifying properties, like-kind requirements, Qualified Intermediaries, the 45-day and 180-day deadlines, identification rules, boot, exchange structures, common mistakes, and the licensee’s professional responsibilities.

    1. Welcome & Course Title RE27RC26 — 1031 Tax Deferred Exchanges

    2. Learning Objectives

    3. What Is a 1031 Exchange?

    4. Tax Deferred Does NOT Mean Tax Free

    5. A Short History of §1031

    6. What Property May Qualify?

    7. What Generally Does NOT Qualify?

    8. What Does “Like-Kind” Mean?

    9. U.S. Property vs. Foreign Property

    10. The Basic Deferred Exchange

    11. The Qualified Intermediary

    12. Why the QI Matters

    13. Choosing a QI

    14. Who Cannot Serve as QI?

    15. The Exchange Timeline

    16. The 45-Day Identification Rule

    17. How Is Property Identified?

    18. The Three-Property Rule

    19. Example: Three-Property Rule

    20. The 200% Rule

    21. 200% Rule Example

    22. The 95% Rule

    23. The 180-Day Rule

    24. 45 + 180 Do Not Equal 225

    25. The Tax Return Deadline

    26. What If a Deadline Is Missed?

    27. What Is Boot?

    28. Cash Boot Example

    29. Debt Can Matter Too

    30. Simple Exchange Example

    31. Realized vs. Recognized Gain

    32. What Is Adjusted Basis?

    33. Simple Gain Example

    34. Depreciation Matters

    35. Replacement Property Basis

    36. Do You Have to Buy Up?

    37. Reinvesting the Proceeds

    38. Multiple Replacement Properties

    39. Case Study: Massachusetts Investor

    40. Case Study: The Strategy

    41. Reverse Exchange

    42. Reverse Exchange Structure

    43. Reverse Exchange Deadlines

    44. Improvement Exchange

    45. Vacation & Second Homes

    46. Changing Property Use

    47. Related-Party Exchanges

    48. Partnership Interests

    49. Estate Planning Considerations

    50. Common 1031 Mistakes

    51. The Real Estate Licensee's Role

    52. Questions to Ask the Seller

    53. Working With the Buyer

    54. Communication Is Critical

    55. Case Study: Selling a Rental

    56. Case Study: The Clock Is Running

    57. Knowledge Check

    58. Remember These Numbers

    59. Top 10 Takeaways

    60. Course Conclusion

Massachusetts Continuing Education 2 Credit Hours • RE27RC26

  • $25.00

What You’ll Learn

Gain a practical understanding of 1031 Tax Deferred Exchanges and the rules every real estate professional should know.

ENROLL NOW--$25