Section 1031 Like-Kind Exchanges

Navigating Regulations and Guidance for Diverse Transactions and Structures

Recording of a 110-minute CPE/CLE webinar with Q&A


Conducted on Wednesday, January 19, 2011

Recorded event now available

or call 1-800-926-7926
Program Materials

This teleconference will provide tax advisors and corporate tax professionals with an in-depth analysis of Sect. 1031 regulations and guidance, explore frequently faced compliance decisions, and address evolving like-kind exchange structures.

Description

Staying current with Sect. 1031 on like-kind exchanges and associated IRS guidance and court rulings is vital for tax advisors and corporate taxpayers. They must understand what the regs stipulate and the questions left unanswered for long-tried transactions and newly adapted structures.

At all stages, Sect. 1031 forces important decisions. What business entities can qualify for the tax deferral? What structures are available for a Sect. 1031 exchange? What kinds of real and personal property, and financial instruments, can be used and which are specifically excluded?

Meanwhile, advisors and taxpayers face difficult challenges with transfers in and out of partnerships, and certain structures like non-safe harbor reverse exchanges. A thorough briefing on the 1031 regs and guidance, and how they are employed in the marketplace, can prepare you for tough decisions.

Listen as our panel of experienced federal tax advisors brings you current on Sect. 1031 for like-kind exchanges, and its application.

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Outline

  1. Material aspects of Sect. 1031
    1. Qualified purpose requirement
    2. Like-kind requirement
    3. Exchange requirement
    4. Same-taxpayer requirement
    5. Related-party rules
  2. Tax consequences of like-kind exchanges
    1. Realized, recognized gains
    2. Boot and boot offset rules
    3. Selling expenses
    4. Deferred exchanges
    5. Reverse and improvement exchanges
  3. Recent on-point IRS guidance
    1. E.g. Revenue Procedure 2010-14 on safe harbor for exchanges using qualified intermediaries
  4. Different kinds of tax-deferred exchanges being tried in the marketplace

Benefits

The panel will tackle these and other relevant topics:

  • The most material aspects of Sect. 1031, its tax deferral, and qualifying and excluded exchanges.
  • Relevant IRS guidance and court rulings, and latest developments.
  • Important unresolved issues with Sect. 1031 and guidance.
  • New wrinkles in like-kind exchanges.

Faculty

Joseph C. Mandarino
Joseph C. Mandarino

Partner
Stanley Esrey & Buckley

Mr. Mandarino's practice focuses on corporate, tax and finance law. He is involved with a wide variety of...  |  Read More

Douglas Stives
Douglas Stives

Specialist Professor of Accounting
Monmouth University

In addition to his academic work, he also continues to perform professional accounting work at The Curchin Group in Red...  |  Read More

Robert Barnett
Robert Barnett

Member
Capell Barnett Matalon & Schoenfeld

His practice encompasses business and tax planning, estate planning and federal and state tax dispute resolution,...  |  Read More

Joyce Welch
Joyce Welch
Director
Deloitte Tax

She is attached to the firm's Real Estate Services Group, working on tax planning for real estate acquisitions and...  |  Read More

Other Formats
— Anytime, Anywhere

Strafford will process CLE credit for one person on each recording. All formats include program handouts. To find out which recorded format will provide the best CLE option, select your state:

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$147

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