Real estate investors can use §1031 to defer gain on the sale of real property if the taxpayer re-purchases real property within specified timeframes. This course will detail how to qualify a sale for §1031 treatment and the tax results of using §1031 to the taxpayer. Proper use of §1031 in tax planning will also be discussed.

Learning Objectives

  • Explain how recently released final regulations define real property for §1031 purposes.
  • Describe how a real estate transaction qualifies for §1031 treatment.
  • Calculate the tax results of a typical §1031 exchange to the taxpayer.
  • Describe when a §1031 exchange is advantageous and not advantageous to a taxpayer.

Education Information

IRS Program Number: NMVBP-T-00181-21-S

Length: 100 minutes plus optional question-and-answer session (no CE)

Prerequisite: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Self-Study

Field of Study: Federal Tax (IRS);

Credit hours: 2 IRS CE

Instructor: Thomas Gorczynski, EA, CTP, USTCP Click here to learn more about the instructor

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our education policies.

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