Content Provider
Apihalf

Thomsonreuters middlebanner 052120
Self-Study CPE
ESOP OVERVIEW FOR OWNERS, CFOs & CPAs
View Details/Register
1099 REGULATIONS & CHALLENGES
View Details/Register
FRINGE BENEFITS ALPHABET SOUP
View Details/Register
AMENDING TAX RETURNS: THE X FACTOR
View Details/Register
2022 FILING SEASON CHANGES FOR 1099 REPORTING
View Details/Register
BUSINESS TAX UPDATE 2022
View Details/Register
INDIVIDUAL TAX UPDATE 2022
View Details/Register
CRYPTOCURRENCY TAXATION: WHAT PRACTITIONERS NEED TO KNOW
View Details/Register
CRYPTOCURRENCY TAX UPDATE 2022
View Details/Register
IRS FORM 1040 SCHEDULES C AND E: SIMILARITIES AND DIFFERENCES
View Details/Register
FEDERAL INCOME TAX CHANGES - 2022
View Details/Register
EARNED INCOME TAX CREDIT
View Details/Register
EARNED INCOME TAX CREDIT DUE DILIGENCE
View Details/Register
TAX TREATMENT OF INDIVIDUAL RETIREMENT ARRANGEMENTS
View Details/Register
TAX CUTS & JOBS ACT: INDIVIDUAL TAX PREPARATION
View Details/Register
HOME OFFICE DEDUCTION
View Details/Register
AFFORDABLE CARE ACT: EMPLOYER RIGHTS & RESPONSIBILITIES
View Details/Register
AFFORDABLE CARE ACT: INDIVIDUAL RIGHTS & RESPONSIBILITIES
View Details/Register
THE SECTION §199A PASS-THROUGH DEDUCTION
View Details/Register
EDUCATION TAX BENEFITS
View Details/Register
TAX TREATMENT OF SICKNESS AND INJURY PLANS
View Details/Register
TAX TREATMENT OF LIFE INSURANCE PROCEEDS
View Details/Register
MANAGING COMPLEX IRS AUDITS OF MIDSIZE BUSINESS TAXPAYERS - EXPANDED
View Details/Register
TAX TREATMENT OF RETIREMENT PLANS, PENSIONS AND ANNUITIES
View Details/Register
HEALTHCARE REFORM: THE AFFORDABLE CARE ACT TAX PROVISIONS
View Details/Register
INTRODUCTION TO PROCONNECT TAX ONLINE: LIVE DEMO
View Details/Register
UNDERSTANDING PARTNERSHIP TAXATION: DISTRIBUTIONS
View Details/Register
1031tax 2015

§1031 TAX DEFERRED EXCHANGE ISSUES IN 2015

CPE Processing Fee$10.00
Webinar TranscriptionN/A
Presentation Length Hour(s)1.0 hour
CPE Credits 1.0 hour
Subject Area 1.0 - Taxes (Federal Tax)
CE Credits 1.0 hour
Course Id# - HURS9-T-00002-15-O
Course LevelIntermediate
Instructional MethodQAS Self-Study
PrerequisitesAttendees should have a basic understanding of tax, real estate and §1031 exchanges.
Advance PreparationNone
Recorded DateOctober 7, 2015
Date OfferedOctober 13, 2015
Expiration DateOctober 13, 2016
Course Description

This intermediate level webinar provides a concise and thorough overview of IRC Section 1031 tax deferred exchanges for accountants, CPAs and tax advisors. This webinar covers critical IRS time deadlines in delayed exchange, “like-kind” requirements including creative property variations like easements and personal property exchanges, partnership/LLC scenarios (and how to best structure in advance of a 1031 exchange), reverse and improvement exchanges, related party transactions and how to avoid common pitfalls and other 1031 related issues. This webinar will provide a summary of current developments regarding possible tax reform and the implications for Section 1031 exchanges and addresses applicable Revenue Rulings, PLR’s and other recent IRS guidance on current issues related to exchanges.

Learn how to help investors owning commercial property in an LLC or partnership plan in advance to help avoid issues at closing if only some of the LLC members or partners want to exchange.

Self-Study Course Instructions:

FOR DOCUMENT-BASED COURSES

Download the course document(s) (below) and follow prompts contained in the document.



FOR RECORDED COURSES WITH VIDEO

Download any course document(s) (below) which may include handouts, glossary, transcripts, etc. Follow any prompts contained in the documents to help you complete the course. Most documents are searchable.

Play the recording, noting the sectional guides indicating where topics on the agenda are covered and the prompts to pause video playback to respond to a review question (located below the video playback area). The timestamps for review questions are also noted below.

Upon completing the video and successfully answering all review questions, you will then take the final exam.

Learning Objectives

  • Define which types of real and personal property qualify and do not qualify for a 1031 exchange

  • Recall the process and requirements for full or partial tax deferral

  • Identify reasons why taxpayers exchange and how a tax deferred exchange can help taxpayers improve their position in the market

  • Identify the the latest exchange trends affecting investors in 2015

  • Understand how higher capital gain taxes and the Section 1411 net investment income tax have increased taxation for real estate investors in 2015 by as much as 58%

  • Full (and partial) tax deferral and the latest exchange trends affecting investors in 2015

Not logged
Handout Materials
Presentation Slides
Additional Materials
Webinar Outline
Searchable: Terms and Definitions
Searchable Download: How To Benefit From the Power of Exchange Manual
Review Questions
Review Questions
QUESTION 1: 15:00 minutes
QUESTION 2: 20:00 minutes
QUESTION 3: 32:00 minutes
QUESTION 4: 35:00 minutes
Frequently Asked Questions
  • CPAacademy self-study courses are online.
  • The self-study format allows you to a) access the material online 24/7 and b) study at your own pace.
  • Per NASBA guidelines, you have one year from date of purchase to complete each program.
  • Complete your final exam at any time and get graded instantly. You can retake the exam at no additional charge (unlimited attempts).
  • Print your own certificate of completion on the spot upon passing the exam.
  • Grading policies: a) courses have a minimum passing score 70% b) test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.

Loading ...

Loading ...
Linkedin
Apihalf

Scott R. Saunders is Senior Vice President with Asset Preservation, Inc. (API), a subsidiary of Stewart Information Services Corporation (NYSE: STC). Scott has an extensive background in Internal Revenue Code §1031 tax-deferred exchanges, having been involved in structuring thousands and thousands of §1031 exchanges during his twenty-eight years in the exchange industry. He holds a Business Economics degree from the University of California at Santa Barbara. Asset Preservation is a leading national IRC §1031 Qualified Intermediary and has completed over 160,000 §1031 tax-deferred exchanges throughout the nation. Mr. Saunders dedicates a significant portion of his time to presenting classes on introductory and advanced §1031 exchange strategies to accountants, attorneys, financial advisors, real estate brokers, and principals nationwide. He has spoken at the annual National Bar Association Conference, National Society of Accountants (NSA) Annual Conference, National Association of Realtors® Annual Conference, GMAC Real Estate’s Annual Convention, Annual Conference for the American Society of Cost Segregation Professionals, Building Owners and Management Association International (BOMA) Annual Conference, American Land Title Association (ALTA), Colorado Society of Certified Public Accountants Annual Convention, Colorado Association of Realtors Annual State Convention, Ohio Bar Association, the Certified Commercial Investment Member (CCIM) and Institute of Real Estate Management (IREM) Success Series, Tenant-in-Common Association (TICA), the University of Denver and Washington D.C. Bar Association and many other state and local financial, real estate, accounting, and legal associations. He has also been a regular presenter of 8-hour C.L.E. and C.P.E. approved classes on advanced §1031 exchange issues to accountants, attorneys, commercial developers, and CFO’s arranged by Lorman Education and the National Business Institute. Scott regularly provides webinars for continuing education credit on the subject of §1031 exchanges. In addition to being an accredited speaker in numerous states, Mr. Saunders was a contributing author to the book Real Estate Exchanges: Using the Tax Deferred Exchange in Real Estate Investment Management. He was featured in The Wall Street Journal article, High-Impact Tax Breaks, in July 2013. He has written over 180 articles on various aspects of §1031 tax-deferred exchanges, capital gain taxation, and investment real estate. His articles have been featured in many investment publications such as the New York Real Estate Journal, Mid Atlantic Real Estate Journal, Inman News, REBusiness Online, Heartland Real Estate Business, Western Real Estate Business, Realtors® Land Institute Terra Firma, and many other real estate and other financial publications. Mr. Saunders also is a Board Member of the Federation of Exchange Accommodators (www.1031.org), the national 1031 exchange industry trade association.

Nasba
Logo qas

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Apihalf
Asset Preservation, Inc. (API) provides the key services of a Qualified Intermediary as defined and required by the IRC and Treasury Regulations.API is a Qualified Intermediary pursuant to IRC §1031. API confers with each Exchanger's attorney and/or tax advisor and forwards legal documentation, as requested, so that the IRC §1031 rules and regulations are thoroughly understood. API prepares the necessary documentation - Exchange Agreement, Assignment(s), Notice of Assignment(s), Qualified Exchange Account Form, Security of Funds Instruments and Instructions to each Closer/Escrow Officer - and oversees each closing to assist in proper §1031 procedures.