SECTION 1031 TAX-DEFERRED EXCHANGES

Course overview

Tax-deferred exchanges are sometimes referred to as the best kept secret in the tax code. Using an appropriately formed exchange, an investor can defer paying taxes on the profit from one investment and instead use all of the profits to fund another investment. An understanding of the basics will help licensees when working with investors who plan to use one or more properties in a 1031 tax-deferred exchange. This course helps licensees become more comfortable with guiding clients through a 1031 tax-deferred exchange transaction and ensuring critical deadlines are understood and met.