Description

The goal of this course is to introduce the real estate agent to Tax Deferred 1031 Real Property Exchange transactions. Agents will learn to recognize and evaluate situations in which a 1031 tax-deferred exchange would be advantageous for a client, explain the tax saving benefits of the 1031 exchange and using the 1031 exchange as an alternative to selling and buying replacement real estate. This course provides the license holder an introduction to Section 1031 of the Internal Revenue Code; the basis for tax-deferred exchanges in real estate. It will explain the key elements of a 1031 exchange and help the license holder recognize when a 1031 exchange transaction would benefit their client.