Note: the class is full, but you can call 612-643-1045 to be placed on a waiting list if an opening becomes available.
You’re cordially invited to attend a CE / CLE event sponsored by Coldwell Banker University:
- November 11, 2016
- 10:00 am – noon
- 9:30 am registration
- Coldwell Banker Burnet lower level training room, 7550 France Ave S., Edina MN 55435
- Two hours of continuing legal education credit (CLE) or continuing education (CE) for real estate agents/brokers
What you’ll learn:
- Overview of 1031 History
- Rational for 1031 / Benefits of 1031 – What is the Idea Behind 1031
- Basis / Mechanics of (non)Recognition of Gain
- Requirements for a 1031 Qualifying Property – held for productive use in a trade or business or for investment / Like-kind Property real property for real property
- State Law Considerations and differences / Foreign Property
- Non-Qualifying Property – personal use property (2nd home), dealer property (inventory), stocks, bond, notes, partnership interests (tenant-in-common planning), trust interest, goodwill
- 45 Day Identification Period
- Identification Rules – 3-PROPERTY RULE, 200% RULE, 95% RULE
- 180 Day Exchange Period
- Consequences of Conducting a Partial Exchange and Receiving a Portion of the Proceeds or Other Property – Balance Value, Equity and Debt
- Complex Exchanges:
- Construction Exchanges-Making Improvements to the Replacement Property
- Reverse Exchanges Within the Safe Harbor of Rev. Proc. 2000-37
- Options for Parking Arrangements of 180 Days or More * UPDATE New Case – Estate of Bartell