December 2018
1031 Like-Kind Exchanges: Fundamentals & Advanced Practice
Learning Objectives:
Morning Session:
1031 Like-Kind Exchanges: Fundamentals
After attending the Fundamentals Session, you will better understand:
- The Terminology of Like-Kind Exchanges and the Statutory Requirements of I.R.C. Section 1031 and Applicable Rules
- The Tax Consequences of Like-Kind Exchanges and Strategies for Favorable Tax Treatment
- Deferred Exchanges and How to Document Those Exchanges and Avoid Common Mistakes
Afternoon Session:
1031 Like-Kind Exchanges: Advanced Practice
After attending the Advanced Practice Session, you will better understand and be more skillful implementing:
- Reverse Exchanges and Their Unique Requirements
- Techniques for Addressing Partnership/LLC Issues
- Exchanges Involving Tenancies-in-Common
- Exchanges Involving Related Parties
Program Description:
1031 Like-Kind Exchanges: Fundamentals
The Fundamentals Program is designed for business and real estate lawyers and newer tax lawyers who want to better understand the basics of taking advantage of I.R.C. Section 1031 (like-kind exchanges) to defer taxable gain for their clients when they sell certain assets.
1031 Like-Kind Exchanges: Advanced Practice
The Advanced Practice Program is designed for tax lawyers and business and real estate lawyers who are familiar with the basics of 1031 like-kind exchanges and/or who completed the Fundamentals Program. This program delves in-depth into the rules, requirements, mechanics, strategies and common mistakes of 1031 like-kind exchanges.