Description
A considerable percentage of commercial and investment real estate transactions are structured as section 1031 exchanges. Section 1031 like-kind exchanges offer your client an array of opportunities to exchange real property while gaining an advantageous tax position by deferring any realized gain (or loss) on the exchange. But that 1031 exchanges are employed frequently does not necessarily mean they are structured properly, with all important considerations factored into the exchange, or in the most cost-efficient manner within the scope of the law.
This presentation relies upon fundamental legal analysis and a review of legal authority to cover the latest topics and considerations in 1031 like-kind exchanges, while dispelling several misconceptions.
This 60-minute webcast will explore how to use like-kind exchanges advantageously and avoid common missteps. Join us and:
- Understand how to properly structure a tenancy-in-common (TIC) and avoid having TIC structures be classified as partnerships for federal tax purposes (“TICnership”)
- Learn how TICnerships affect the efficacy of 1031 exchanges
- Explore drop-and-swap transactions, including the qualified use requirement, how general 1031 principles inform the analysis of the exchange requirement, and whether there is actually a holding period requirement for such transactions
All attorneys who work in real estate and tax will benefit from watching this webcast.