1031 Exchanges: Virtual Presentation for the Tax Professionals
Details
Hosted by:
California Society of Tax Consultants - INLAND EMPIRE CHAPTER
Registration: (copy and paste link to complete registration)
https://cstc.memberclicks.net/index.php?option=com_mcform&view=ngforms&id=2252237#/
Cost: $20 Members $50 Non Members (Federal CE Credit 2hrs)
Presenter:
Carmine DiFulvio, CES, Certified Exchange Specialist
In this presentation, we will explore the fundamentals and advanced considerations of Section 1031 Like-Kind Exchanges, with a focus tailored to tax professionals. Topics include:
•1031 Exchange Fundamentals
•Like-Kind Property Requirements
•Financial Guidelines and Equity Rules
•Strict Time frames and Deadlines
•The Tax Professional’s Role
•Key Documentation: What Paperwork is Required?
•What Must Be Filed with the IRS?
•Determining Tax Exposure: Is There Any Tax Due?Closing Costs
•Allowable vs. Non-Allowable Costs under a 1031 Exchange
•Understand which settlement statement items are exchange-friendly and which may result in taxable “boot.”
•Advanced 1031 Structures
•Reverse Exchanges
•Improvement (Build-to-Suit)
•Exchanges
•Delaware Statutory Trusts (DSTs)
•Introduction to DSTs as Qualified Replacement Property
•Why DSTs are becoming a popular passive investment option for exchangers