1031 Exchanges - Real Property Applications

In this presentation, we will discuss the ins and outs of Code Section 1031. Starting with the basics, we will review the major guidelines that the IRS requires in order to have a fully tax deferred exchange. We will then transition into the tax and non-tax benefits of performing a 1031 Exchange, and how we are currently seeing our clients in this market take advantage of 1031 Exchanges.

We will also address current hot topics such as: the impacts of seller-financing in a 1031 Exchange, how to structure exchanges with separating partners to minimize risk from the IRS and CA FTB, how to successfully structure and complete a reverse or build-to-suit exchange, and how to purchase your future Primary Residence or Second Home using Revenue Procedure 2008-16.

Learning Objectives

1. Review of Section 1031 of the Tax Code, including terminology, qualified use, holding period issues and the use of an…