The Internal Revenue Code (IRC) Section 1031 Tax Deferred Exchanges allows investors to defer capital gains taxes on the exchange of like-kind properties. Tax-deferred exchanges hold great advantages for investors and real estate licensees.
This course will provide participants with the terminology and principles of exchanging, including the tax results associated with 1031 Exchanges of real estate. Although 1031 Exchanges are also available for other investments, this course focuses on real estate exchanges.
At the conclusion of this course the student will be able to;
- Define how exchanges build investment wealth
- Explain the rules of code section 1031 to their clients and customers
- Use exchanges as a tool to increase business volume
- Implement tax savings strategies using exchanges
This course does contain numerous exercises and is completed with a comprehensive multiple choice final exam.