Understand the Technical Qualifications and Different Structures of Section 1031 Exchanges
The U.S. Internal Revenue Code allows individuals who own certain kinds of assets and estates to exchange them with like-kind assets and estates in order to defer capital gains taxes. While this process can be complex, with the right guidance, managing and executing like-kind exchanges is easy.
Join expert speaker Haleh Naimi in a on-demand webinar that addresses the key essentials on like-kind exchanges as well as updates relating to potential tax reforms on Section 1031. You’ll learn about the technical prerequisites for Section 1031 so that you can identify the different structures of Section 1031 exchanges. Haleh will also help you identify the property qualifications for a like-kind exchange. Additionally, you’ll learn about the technical time limits required to complete a Section 1031 deferred like-kind exchange, along with the restrictions for deferred and reverse exchanges.
Who qualifies for Section 1031
Different structures of Section 1031 exchanges
Property types that qualify for like-kind exchange
Time limits to complete a Section 1031 deferred like-kind exchange
Overview restrictions for deferred and reverse exchanges
Compute accurate basis in the new property
Reporting Section 1031 exchanges to the IRS and completing Form 8824
Haleh Naimi is a tax and bankruptcy attorney representing individuals and businesses (ranging in size from small to middle-market) in complex tax, bankruptcy and commercial litigation matters throughout California and New York. She has lectured on tax controversy issues involving collection and bank...