Wed, Mar 22, 2023 1:00pm – 4:00pm
1031 Exchanges: (Intro) The Power of Exchanges
Greater Chattanooga REALTORS® (2963 Amnicola Highway)
1031 Exchanges: (Intro) The Power of Exchanges course will be held IN PERSON.
This 3-hour course covers critical IRS time deadlines in delayed exchanges, “like-kind” requirements including creative property variations like easements, transferable development rights, oil/gas/minerals rights, vacation homes held for investment, fractional ownership (DST and TICs), partnership/LLC scenarios (and how to best structure in advance of a 1031 exchange), reverse and improvement exchanges, related party transactions and how to avoid common pitfalls and other 1031 related issues. This course will summarize current developments regarding applicable Revenue Rulings, PLR’s, and recent IRS guidance on current topics related to 1031 exchanges. Also, this course will cover how to help taxpayers owning commercial property in an LLC or partnership plan in advance to help avoid issues at closing if only some of the LLC members or partners want to exchange, including the “drop and swap,” "swap and drop,” Partnership Installment Note (PIN) approaches.
Deborah Harvego & Scott Saunders
3 Hours TN & GA
Members: FREE / Non-Members: $30.00Register Back to Calendar