​​​​​​​​​​​​​​​​​​Tax Planning for 1031 Like-Kind Exchanges On-Demand Online Workshop

4 CPE for AFSP, EA, CPA, CRTP

Premium: $0 | Professional: $131 | Basic: $166 | Nonmember: $175

Summary

For taxpayers who own appreciated real estate, the §1031 like-kind exchange is one of the most beneficial code sections available. An in-depth understanding of the application, calculation and reporting of the like-kind exchange allows tax professionals to provide clients with a tremendous tax planning opportunity. In this four-hour class, we will cover the basics of the §1031 like-kind exchange before advancing to more unique situations that may be encountered, noting tax planning opportunities and considerations along the way.

Objectives

Upon completion of this course, you will be able to​:

• Identify qualifying assets and various types of like-kind exchanges
• Calculate the deferred gain, potential boot and basis of replacement assets
• Set up depreciable basis for the replacement asset(s) correctly
• Understand the impact of the §168(j) election
• Navigate unique situations including the overlap of §121 and §1031, utilizing the §121 exclusion on a property acquired via §1031, and the impact of cost segregation and personal property on a like-kind exchange

Course Details

This workshop includes presentation slides, case studies, forms, letters, checklists, ​and access to the workshop recording. ​

​Presented by: Natalie Kolodij, EA​
Course Year: 2024
Duration: 4 credit hours
Course Level: Intermediate
Prerequisite: Background in asset sales
Advanced Preparation: None
Delivery Method: QAS Self Study​
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How to Earn CPE

To receive credit for this on-demand online workshop, you must make at least one attempt to answer each of the review questions included with the video. You must also successfully pass the course exam with a score of 70% or better. The course and exam will expire one year from the date of purchase.​​​

Cancellation Policy

​Because this is an online education offering, it is nonrefundable.​​