Gain a better understanding of 1031 exchanges as well as some current updates and options that came from the new tax bill.
You will be presented with recent updates and techniques involving 1031 exchanges as well as how these can be used to benefit clients. Due to changes in reporting and auditing, the IRS and state taxing authorities have gotten very good at identifying and disallowing 'drops and swaps' and 'swaps and drops'.
Mr. Miller will discuss different techniques that can be used to solve many partnership breakup problems when a 1031 exchange is taking place. In addition, he will discuss how recent developments in the law and 'out of the box' (but legal) transactions can be implemented to save your clients exchange.
Learning Objectives:
- You will be able to review 1031 requirements.
- You will be able to discuss partnership and LLC issues.
- You will be able to describe how to legally extend the 1031 timelines.
- You will be able to identify recent developments in related party exchanges.
This Live Webinar Covers These Hot Issues:
Review of 1031 Requirements – Including Changes to Section 1031 Resulting From the Recently Enacted Tax Cut and Jobs Act
Partnership and LLC Issues
- How to Successfully Advise Concerning Partnership Breakups and Split-Ups, Including a Discussion of Various Techniques Frequently Used
Legally "Extending" the 1031 Timelines
- Recent Developments in Related Party Exchanges
- Using the Purchase of a Leasehold Interest and Seller Carryback Financing to Complete the xchange
Credit Information (Sponsored by Lorman Education Services):
- CLE
- CPE
- NASBA
For Detailed Credit Information page click here
Only registered attendee will receive continuing education credit.
Instructor Profile:
James I. Miller, Esq., Investment Property Exchange Services, Inc.
- Senior vice president and Western Operations Counsel for Investment Property Exchange Services, Inc. (IPX1031®), a full-service exchange facilitator for all types of 1031 tax deferred exchanges
- Prior to joining IPX1031® in 2003, he practiced law for fourteen years in Buffalo, New York and represented buyers, sellers, homebuilders and developers in commercial and residential real estate transactions ranging from multi-million dollar shopping centers to single-family homes
- Frequent lecturer to accountants, attorneys, financial planners and real estate brokers and agents on the subject of 1031 exchanges
- He is one of two approved 1031 instructors in the U.S. for the Realtors Land Institute (RLI) and a recipient of their Instructor Excellence Award in 2008, 2012 and 2013
- Member of the New York State Bar Association
- J.D. degree, Villanova University School of Law; B.A. degree, The Pennsylvania State University
(Not available outside the US)