1031 Like Kind Exchanges

Description

1031 Like Kind Exchanges

When a business or investment property is sold, a great deal of the money the seller receives from the buyer will be paid to the government in capital gains taxes and taxes on the amount of recapture for the depreciation the sellers have been claiming over the years.

However, if sellers understand how to take advantage of Section 1031 of the IRS Code, which allows the them to defer recognition of that gain and recapture indefinitely, they can maximize their retained income and accrue wealth for their heirs.

Learn how to help your clients retain the profits they have earned on their property through the information you receive in this class, which teaches what property is eligible for this preferred tax treatment and the rules that must be followed in order to receive this benefit.

Approved for 7.5 Hours CE Credit

Includes DOS Mandated 3 Hours Fair Housing & 1 Hour Agency and Also Includes 2.5 Hours NAR Mandated Ethics

Instructor: Cathy Nolan, Esq.

Cancellation Policy for LIBOR courses:

Full refund will be issued if cancellation is made 3 or more business days prior to class. NO REFUNDS if cancellation is less than 3 business days, instead Education Credit will be issued for use within one year of cancellation. Students who do not show for class will LOSE entire tuition.LIBOR reserves the right to cancel class if minimum enrollments is not met. If LIBOR needs to cancel or delay a class due to inclement weather or emergency, information will be posted on Stratus by 7:00 am and also on our automated voice mail message system on 631-661-4800, also by 7:00 am

Cancellation Policy for NAR Designation courses:

A cancellation 10 or more days before a class is subject to a $25 fee. No refund is available for a cancellation made within 10 days of class or for a no-show.”

Registration Closed
  • CE Credits 7.50
  • Member: $75.00
  • Non Member: $115.00
  • F Fair Housing
  • E Ethics
  • A1 Agency 1 hour