Intermediate/advanced level webinar provides a concise and thorough overview of IRC Section 1031 tax-deferred exchanges for real estate professionals and commercial brokers.
This webinar covers critical IRS time deadlines in delayed exchanges, “like-kind” requirements including creative property variations like easements, transferable development rights, oil/gas/minerals rights, vacation homes held for investment, fractional ownership (DST and TICs), partnership/LLC scenarios (and how to best structure in advance of a 1031 exchange), reverse and improvement exchanges, related party transactions and how to avoid common pitfalls and other 1031 related issues. The webinar will also summarize current developments regarding applicable Revenue Rulings, PLR’s, and recent IRS guidance on current topics related to 1031 exchanges.
Learn how to help taxpayers owning commercial property in an LLC or partnership plan in advance to help avoid issues at closing if only some of the LLC members or partners want to exchange, including the “drop and swap,” "swap and drop,” Partnership Installment Note (PIN) approaches.
Taught by: Scott Saunders
Scott Saunders is Senior Vice President with Asset Preservation, Inc. (API), a subsidiary of Stewart Information Services Corporation (NYSE: STC). Scott has an extensive background in IRC §1031 tax deferred exchanges, having been involved in structuring hundreds of thousands of §1031 exchanges during his thirty five years in the exchange industry. He is a former President and former Board member of the Federation of Exchange Accommodators (1031.org), the national 1031 exchange industry trade organization and holds a Business Economics degree from the University of California at Santa Barbara (UCSB.) He is also a real estate instructor and investor with over 60 investment properties in 9 states. Click here to read more of Scott's bio.
