BEGIN:VCALENDAR VERSION:2.0 PRODID:-//jEvents 2.0 for Joomla//EN CALSCALE:GREGORIAN METHOD:PUBLISH BEGIN:VTIMEZONE TZID:America/Chicago X-LIC-LOCATION:America/Chicago BEGIN:DAYLIGHT TZOFFSETFROM:-0600 TZOFFSETTO:-0500 TZNAME:CDT DTSTART:19700308T020000 RRULE:FREQ=YEARLY;BYMONTH=3;BYDAY=2SU END:DAYLIGHT BEGIN:STANDARD TZOFFSETFROM:-0500 TZOFFSETTO:-0600 TZNAME:CST DTSTART:19701101T020000 RRULE:FREQ=YEARLY;BYMONTH=11;BYDAY=1SU END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:bdc60dc78c62c1f810c2e7ea92a1426e89 CATEGORIES:CLE SUMMARY:Section 1031 ~ Tax Deferred Exchanges DESCRIPTION:
Section 1031 ~ Tax Deferred E
xchanges
(Approved for
1.0 CLE credit)
This 1.0 hour interactive CLE program reviews IRC
Section 1031 tax-deferred exchanges and includes a discussion of statutory
requirements, forward exchange mechanics, basis and boot calculations, par
tnership issues in a 1031 exchange and reverse/parking transactions. Case
studies are included throughout. Discussion is encouraged as we review com
mon issues and planning opportunities.
Learning Objectives: p>
After completing this course, you will be able to:
Reasons to Attend:
A newer
attorney will learn (a) the basics of 1031, (b) to spot problem issues suc
h as partnership exchanges, and (c) about planning opportunities available
with reverse/parking/build to suit transactions. Section 1031 and the corre
sponding Treasury Regulations are technical and our goal is to teach and re
mind that a 1031 exchange can fail for ministerial errors. New attorneys n
eed to understand both the basics (which are generally clear cut) and more
complex 1031 issues.
An experienced attorney will receive a refresher course on the basics, a review of partnership exchanges (the most common 1 031 challenge) and a review and reminder that reverse/parking/build to suit transactions are a great planning opportunity for 1031 taxpayers. Experie nced attorneys who are familiar with 1031, but might now see many from year to year, need a refresher on the basics and a reminder that dates and safe harbors are critical. Partnership issues are never clear cut and seasoned attorneys that don’t see these often, need to understand the implications of different decisions in terms of how to handle partnership issues.
Credit: 1.0 CLE credit to be applied for
Pre
sentation: 12:30 - 1:30 PM
Location: Online
Viewing (Zoom)
Tick
ets
$40.00 MBA member
$75.00 Non-member