October 20, 2022

Webinar

2 CPE

The Nuts and Bolts of IRC Section 1031 Exchanges

October 20, 2022
Webinar
2 CPE

The Nuts and Bolts of IRC Section 1031 Exchanges

  • View Bio

    Instructor

    Art
    Werner

    View Bio

    Art Werner, J.D., M.S.

    Bio
    Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.

    In addition, Mr. Werner is an adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.

    Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.

    Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners, and has presented well in excess of 2500 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.

  • Instructor

    Jordon
    Rosen

In today’s real estate market, IRC §1031 tax-deferred exchanges can be one of the most important planning tools available to the real estate investor. The use of this technique is filled with pitfalls and traps. This new course will assist the practitioner in understanding the mechanics of a tax-deferred exchange and the value of a tax-deferred exchange in both tax and financial planning.


Learning Objectives

  • To provide tax practitioners with an understanding of the mechanics of a tax-deferred exchange and the value of applying it in tax and financial planning  

Major Topics

  • Complete explanation of IRC §1031
  • Understand when to use a tax-deferred exchange
  • Changes made to the technique in the Tax Cuts and Jobs Act
  • Advantages and disadvantages of paying the tax versus using an exchange
  • Understand the definition of like-kind property
  • Understand what a qualified intermediary is
  • Understand the need for an exchange accommodation title holder
  • Understand a reverse exchange
  • Understand a build-to-suit exchange
  • Understand the forty-five-day rule and how to calculate it
  • Precautions for property identification
  • Investment property versus property held for sale

CPE Credits Available

2 CPE
2
Taxes

Things to Know About This Course

Course Level

  • Update

Prerequisites

None

Advanced Preparation

None

Intended Audience

CPAs, EAs, attorneys, financial planners, insurance agents, and bankers

Provider

ACPEN

This event has ended.