Section 1031 Exchanges and Ethical Considerations
Category: On Demand
Member Price: $140
Non-Member Price: $175
Areas of Law: Real Property, Trust, & Estate
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 2.2 hours of total CLE credit, including 1.0 in Ethics (Full Credits Available: NJ Ethics: 1.0, NJ General: 1.2). |
| NY CLE (t&nt): | NY Ethics Non-Transitional: 1.0, NY Professional Practice Transitional: 1.0 |
| PA CLE: | PA Ethics Credit: 0.5, PA Substantive Credit: 1.0
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Keynote
Moderator
Presenters
The use of 1031 Exchanges has steadily increased as like-kind exchanges of real estate are one of very few true tax deferral mechanisms. Under Section 1031 of the Internal Revenue Code, individuals or businesses may exchange qualifying real property for like-kind replacement property, and defer up to 100 percent of the capital gains and depreciation recapture taxes that would otherwise be owed on the sale of the property.
Real estate attorneys, business lawyers, tax law practitioners and general practitioners– make plans to join Eric Brecher, Esq., Certified Exchange Specialist®, as he presents a seminar that will introduce practitioners to the basics of 1031 exchanges, relevant regulations, major cases and other recent developments. Case studies will be included throughout the presentation.
A wonderful opportunity to gain a working knowledge of 1031 exchanges in under two hours!
Topics include:
- §1031 basics
- Statutory requirements
- Forward exchange mechanics and logistics
- Basis and boot calculations
- Reverse/parking transactions
- Partnerships and related issues
- Ethical considerations
- ... and more!