Structuring 1031 Like-Kind Exchanges: Preserving Tax-Deferred Treatment for Real Estate Sales Transactions

A live 90-minute CLE webinar with interactive Q&A


Thursday, November 2, 2017
1:00pm-2:30pm EDT, 10:00am-11:30am PDT

Early Registration Discount Deadline, Friday, October 6, 2017


This CLE webinar will provide real estate counsel with the latest developments concerning IRC Section 1031, examine the requirements for like-kind property exchanges to qualify for tax-deferred treatment, and provide best practices for structuring transactions to avoid adverse tax consequences after closing.

Description

Recent developments concerning Section 1031 like-kind property exchanges and tax deferral benefits demonstrate that counsel and tax advisers must be fully up to speed on the requirements of a 1031 transaction. The use of entities such as Delaware Statutory Trusts (DSTs) presents compliance issues that counsel must prepare to navigate.

Failure to observe the 1031 rules will cause a like-kind exchange to become a taxable event. Counsel must correctly structure 1031 exchanges in accordance with IRS requirements or risk unraveling exchanges, amending tax returns, or unexpected tax obligations for clients.

From defining the role of the qualified intermediary in complex structures such as forward or reverse exchanges, to navigating related-party rules, there are several pitfalls for unprepared counsel.

Listen as our experienced panel reviews and offers their insights into recent 1031 developments. The panel will provide attendees with best practices for documenting a 1031 exchange and avoiding unwanted tax consequences.

Outline

  1. Framework of 1031 exchanges
  2. Reverse exchanges
  3. Forward exchanges
  4. Tenants in common and DSTs
  5. Section 1031(f) related-party rules
  6. Legislative developments—impact of proposed tax reform

Benefits

The panel will review these and other key issues:

  • What types of exchanged properties are more likely to be considered sufficiently “like-kind” and receive tax deferral?
  • What is the role and what are the restrictions of the qualified intermediary?
  • How can counsel help clients avoid the 1031(f) restrictions against related-party exchanges?
  • What is “holding period requirement” under Section 1031?
  • What are the requirements for a reverse exchange under Section 1031?

Faculty

Joseph C. Mandarino, Partner
Smith Gambrell & Russell, Atlanta

Mr. Mandarino's practice focuses on corporate, tax and finance law. He is involved with a wide variety of businesses and transactions, including experience with compliance, planning and M&A activities for partnerships, individuals and corporations. Mr. Mandarino writes and speaks extensively on a wide range of business, tax and finance topics.

Todd R. Pajonas, Esq., President
Legal 1031 Exchange Services, New York

Mr. Pajonas has been working in the real estate and title insurance industries since 1992 and currently focuses on IRC §1031 tax deferred exchanges and mortgage lending. He has lectured extensively for various bar associations, CPA societies, and many other civic, real estate, tax and financial organizations. Mr. Pajonas is a former adjunct instructor at the NYU School of Continuing and Professional Studies where he taught a class on IRC §1031 tax deferred exchanges.


Live Webinar

Live Webinar $247.00

Includes Early Discount Savings of $50.00 (through 10/06/17)

Add a colleague on the same connection in the same room for only $97.00 in the shopping cart or by calling customer service.

This webinar is eligible for at least 1.5 general CLE credits.

CLE credits are not available for PR.

*In KS, OH, PA, for more than 1 attendee on the connection you must contact Strafford CLE via email or call 1-800-926-7926 ext. 35 prior to the program for special instructions.


Recordings

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Includes recorded streaming video of full program plus PDF handouts.

On-demand is the only recorded format recognized for CLE credits in DE, IN, KS, LA, MS, NC, OH, OK, SC, TN, VA, WI.

AK, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN*, KS, KY, LA, ME, MN, MO, MT, NC, ND, NH**, NJ, NM, NV, NY, OH*, OK, OR, PA, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY (Note: Some states restrict CLE eligibility based on the age of a program. Refer to our state CLE Map for additional information.)

*Only available for attorneys admitted for more than two years. For OH CLE credits, only programs recorded within the current calendar year are eligible - contact the CLE department for verification.

**NH attendees must self-determine if a program is eligible for credit and self-report their attendance.

CLE On-Demand Video $247.00
Available 48 hours after the live event

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Includes full event recording plus handouts (available after live webinar).

Strafford is an approved provider and self-study CLE credit is available in most states.

AK, AZ, CA, CO, CT, FL, GA, HI, IA, ID, IL, KY, ME, MN, MO, MT, ND, NJ, NM, NY, OR, PA, TN, TX, UT, VT, WA, WV, WY (Note: Some states restrict CLE eligibility based on the age of a program. Refer to our state CLE Map for additional information.)

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Additional copies of a recording can be purchased at a discount. Please call Strafford Customer Service toll-free at 1-800-926-7926 ext 10 or email customerservice@straffordpub.com to place your order.

Recorded Webinar Download $247.00
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Includes Early Discount Savings of $50.00 (through 10/06/17)

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Recorded Audio Download (MP3) $247.00
Available 24 hours after the live event

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DVD (Slide Presentation with Audio) $247.00 plus $9.45 S&H
Available ten business days after the live event

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Registration Plus Recorded Event

Best value!

Live Webinar & Webinar Download $344.00

Includes Special Savings of $250.00 (through 10/06/17)

Live Webinar & Audio Download $344.00

Includes Special Savings of $250.00 (through 10/06/17)

Live Webinar & DVD $344.00 plus $9.45 S&H

Includes Special Savings of $250.00 (through 10/06/17)


Webinar

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Early Registration
Discount Deadline
October 6, 2017

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Customer Reviews

The speakers were obviously experienced and communicated the relevant information very well.

Stephen Bozarth

Dean Mead et al

I appreciated that the program addressed real issues that arise on a weekly basis in my practice.

John Galloway

Butler Snow Firm

The program covered a fair amount of material in a short time period.

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Bradley Arant Boult Cummings

Very good current, practical and applicable discussion and information provided.

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Clawson & Staubes

The order of the presentation was good and helpful and discussion of key concepts was excellent.

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GRMS

or call 1-800-926-7926

Real Estate Law Advisory Board

David A. Barksdale

Partner

Ballard Spahr

Jacob Bart

Partner

Stroock & Stroock & Lavan

Brian W. Blaesser

Partner

Robinson & Cole

Ronald B. Grais

Counsel

Sugar Felsenthal Grais & Hammer

Ren R. Hayhurst

Partner

Bryan Cave

Thomas C. Homburger

Of Counsel

K&L Gates

Susan C. Tarnower

Counsel

Kilpatrick Townsend & Stockton

Clark T. Thiel

Partner

Pillsbury Winthrop Shaw Pittman

or call 1-800-926-7926

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