Fundamentals Of 1031 Exchanges

Course Details

Date

Monday, December 9, 2019

6:30am – 2:00pm
(Registration: 6:00am)

Field of Study

Taxation

Course Number

4191492E

CPE Credit

8.0 hours CPE credit

Level of Knowledge

Intermediate

Vendor

CalCPA Education Foundation

Prerequisites

Basic knowledge of tax return preparation or familiarity with investment real estate planning, brokerage or operations.

Description

This authoritative course covers 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.

Additionally, study advanced 1031 exchange strategies such as reverse exchange, partners/TIC structures, and improvement exchanges (including "Bartell" parking arrangements).

Bring questions and be prepared to increase your expertise. Updated in 2018 for effects of 2017 tax reform act.

Materials are provided as an ebook.

Highlights

  • 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

Objectives

  • Recognize how to prepare IRS Form 8824.
  • Determine 1031 exchange mathematics, including napkin test, boot and adjusted basis.
  • Identify conceptual issues in 1031 exchanges.
  • Outline advanced concepts, such as improvement exchanges, reverse exchanges, non-safe harbor exchanges and drop-and-swap.
  • Determine ethics and client counseling issues.
  • Identify how to evaluate and counsel clients about risk.

Designed For

CPAs, attorneys, CFPs, enrolled agents, real estate and tax professionals.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$245.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$375.00
Your Price $375.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

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