Section 1031 Tax-Deferred Exchanges
Chances are good that, if it hasn't happened yet, you will one day work on a transaction involves a property that’s part of a tax-deferred exchange. When this happens, will you be ready to guide your client through the process and ensure they meet the critical deadlines?
With an appropriately formed exchange, an investor can defer paying taxes on the profit from one investment and instead use all of the profits to fund another investment.
This course helps licensees become more comfortable with guiding clients through a 1031 tax-deferred exchange transaction and ensuring critical deadlines are understood and met.
Course highlights include:
- Section 1031 tax-deferred exchange definitions
- Starker’s Exchange background and application
- U.S. Internal Revenue Code requirements
- IRS Safe Harbor Guidelines
- Investor taxes advantages
- Setting up an exchange
- Selecting a Qualified Intermediary
- Licensee role in a Section 1031 tax-deferred exchange
- The non-exchanger's role in a Section 1031 transaction
- Reverse exchanges
- Rare exemptions to exchange deadlines
State Requirements For Indiana
Indiana State Requirement Details for Real Estate Managing Broker Continuing Education
Renewal Date: 6/30 every three years
Hours Required: 36 hours (12 hours is required for each year of the 3-year renewal cycle)
- 12 mandatory hours
- 24 elective hours (these hours can be made up of either elective or mandatory courses)
Indiana Professional Licensing Agency - Real Estate Commission
Street Address: 402 West Washington Street, Room W072, Indianapolis, Indiana 46204
Telephone: 317.232.2960