September 28, 2022


8 Total CPE Credits


Fundamentals of 1031 Exchanges

Learning Objectives

  • Recognize how to prepare IRS Form 8824
  • Determine 1031 exchange mathematics, including napkin test, boot and adjusted basis
  • Identify conceptual issues in 1031 exchanges
  • Discover advanced concepts, such as improvement exchanges, reverse exchanges, non-safe harbor exchanges and drop-and-swap
  • Determine ethics and client counseling issues
  • Identify how to evaluate and counsel clients about risk

Major Topics

  • Statutory framework for 1031 exchanges
  • Business and investment property characterization
  • Deferred exchange rules and techniques
  • Exchange mathematics: boot, gain and basis
  • Reporting for failed exchanges (over two tax periods)
  • Improvement, reverse and non-safe harbor exchanges
  • Partnership and TIC issues: IRC Sec. 761

CPE Credits Available

Total CPE

Things to Know About This Course


Basic knowledge of tax return preparation or familiarity with investment real estate planning, brokerage or operations.

Advanced Preparation


Intended Audience

CPAs, attorneys, CFPs, enrolled agents, real estate and tax professionals.


California Society of CPAs

This event has ended.