Description
Gain a better understanding of 1031 exchanges as well tax strategies, including DSTs.Section 1031 governing taxdeferred exchanges have been in the Internal Revenue Code since 1921. However, many people are unaware of the concept of a Section 1031 exchange and do not understand the advantage of structuring exchanges when selling investment or business real estate. This material will demonstrate the tax consequence of an exchange compared to a taxable sale and discuss the many benefits of structuring an exchange. You will learn about DSTs, the entity of choice for Section 1031 exchange programs, and how to diversify and reduce risk by acquiring a portfolio of DST replacement property. You will leave with knowledge that may help you build your family wealth through Section 1031 exchanges and diversify to reduce risk. Also, real estate professionals will leave with detailed knowledge they can use to help their clients with future exchanges.
Date: 2022-03-01 Start Time: End Time:
Learning Objectives
Section 1031 Exchanges
• What Is a Section 1031 Tax-Deferred Exchange?
• Why Use a Section 1031 Exchange?
• What Types of Properties Qualify for Section 1031?
• Exchange Myths
• Section 1031 in Detail, Including Like-Kind Properties
• Technical Requirements
• Estimate the Tax Consequences of Exchange vs. Sale
• Exchange Opportunities
• Exchange Strategies, Including Use of a Series of Exchanges to Build Family Wealth Over a Lifetime and Potential Tax Forgiveness on Death
• Status of Bills in Congress
Delaware Statutory Trusts
• What Is a Delaware Statutory Trust?
• Advantages of a DST
• Uses of a DST Structure in a Section 1031 Exchange Programs
• Uses of DST Structure for Cash Investors Who May Want to 1031 Exchange on a Future Sale
DST Diversification Strategies
• Describe the Risk of Asset Concentration • Putting All Your Eggs in One Basket
• Discuss Reduction of Risk by Acquiring a Diversified DST Replacement Property Portfolio
• Example of a Diversified DST Portfolio
CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.
Louis J. Rogers, Esq.-Capital Square 1031, LLC
