Like-kind Exchanges in Real Estate Transactions
Thursday, August 01, 2024
Webcast or Webinar, Online
3:30 PM - 5:30 PM (opens at 3:00 PM) EST
2Credits
Technical Business
Registration is Open
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$89.00 Regular Price
Non-Members
$119.00 Regular Price
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Course Type: Webcast
Course Code: 24/CX43763
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Taxes
Overview:
Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal "shelters" available to those buying and selling real property. We cover the basic structure of a LKE, and ways a taxpayer can utilize qualified third-party intermediaries (QI), and tenancy-in-common structures including Delaware Statutory Trusts (DST). We also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property. This course is ideal for CPAs, EAs, lawyers, real estate professionals, accountants or other tax professionals. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.Objectives:
After attending the presentation you will be able to...- Determine whether a LKE can be used to defer taxes upon the sale of real property.
- Know when it is appropriate to use a QI in effecting a LKE.
- Define a DST and how it can be used in obtaining replacement property on a timely basis.
- Become knowledgeable about ways to appropriately use the LKE structure in unusual situations.
Major Topics:
The major topics that will be covered in this class include:
- Like-kind exchanges have been hailed as one of the few "legal tax shelters" still available for real property investments, but it is really a result of favored tax policy.
- These relatively straight-forward concepts can help a company significantly improve cash flow by deferring its tax liability.
- These concepts will be illustrated by real-life examples that present a novel approach to like-kind exchanges as a useful and practical tax-planning idea.
Major Topics:
The major topics that will be covered in this class include:
- Like-kind exchanges have been hailed as one of the few "legal tax shelters" still available for real property investments, but it is really a result of favored tax policy.
- These relatively straight-forward concepts can help a company significantly improve cash flow by deferring its tax liability.
- These concepts will be illustrated by real-life examples that present a novel approach to like-kind exchanges as a useful and practical tax-planning idea.