Webinar hosted by the CCIM Instutute. Instructor: Scott Saunders

Tuition: $170

President Joe Biden’s recent proposal, the American’s Family Plan, currently includes limits on the tax deferral on the financial gain of a real estate sale from 1031 like-kind exchanges, making it a hot topic for commercial real estate professionals.

This course addresses recent developments surrounding Revenue Code Section 1031 under the proposal and how it impacts real estate investing and the overall economy. Additionally, this advanced course provides a concise and thorough overview of Internal Revenue Code Section 1031 tax-deferred exchanges.

At the conclusion of the course, students will:

• Understand recent developments including tax reform proposals to eliminate or cap 1031 exchange tax deferral

• Understand recent IRS guidance on 1031 exchanges, including applicable Revenue and Private Letter Rulings

• Learn about the IRS distinctions between property held for sale versus long-term investment

• Understand the IRC Section 1031 tax code and exceptions

• Review an in-depth analysis of partnership/LLC scenarios, reverse and improvement exchanges, related-party transactions, and determine how to avoid common pitfalls

In addition, the course covers like-kind requirements for:

• Creative property variations such as perpetual cellular easements (cell towers)

• Transferable development rights (air rights)

• Oil/gas/mineral rights

• Tenant-in-common

• Delaware Statutory Trust fractional ownership properties