Virtual
Fundamentals of 1031 Exchanges 2024
Date: Dec. 5, 2024
Time: 8 a.m. – 3:30 p.m. PT
Overview
Cover critical aspects, common problem areas and strategies for successful 1031 exchanges. Examine Form 8824 preparation, replacement property adjusted basis computations, advanced 1031 strategies and more. Study advanced 1031 exchange strategies such as reverse exchange, partners/TIC structures, and improvement exchanges (including "Bartell" parking arrangements). Bring questions and increase your expertise. Updated in 2018 for effects of the 2017 tax reform act.
Product Code
1000003001-126506
Credit Type
CPE: 8CPE-Technical: 8CTEC-TX: 8IRS-TX: 8MCLE: 6.5MCLE LS-TX: 6.5Accessibility
Closed Captioning Available
Intended Audience
CPAs, attorneys, CFPs, enrolled agents, real estate and tax professionals.
NASBA Field of Study
Taxes
Level of Difficulty
Intermediate
Prerequisites
Basic knowledge of tax return preparation or familiarity with investment real estate planning, brokerage or operations.
Advance Preparation
None
Learning Objectives
Major Subjects
- Statutory framework for 1031 exchanges
- Business and investment property characterization
- Deferred exchange rules and techniques
- Exchange mathematics: boot, gain and basis
- Reporting for failed exchanges (over two tax periods)
- Improvement, reverse and non-safe harbor exchanges
- Partnership and TIC issues: IRC Sec. 761
Other Dates
Faculty
Additional Details
This is a pre-recorded broadcast. The Instructor will be available to answer questions via the chat feature.