The Power of Exchange
The Power of Exchange
Building Business Relationships & Providing Transaction Solutions Through Tax Deferred Exchanges
3 Clock Hours
 
Simply stated, every real estate agent should take this class, because every client who owns investment property should consider a tax deferred exchange as an option upon sale of their property.
 
Unlike other classes that focus on intricate details of an exchange that are mostly irrelevant to the agent and/or their client, Cris Anderson guides you through the complex world of the investment property owner using real life case studies, real life relationships, and real life solutions.
 
Tapping on all 30+ years of experience, Cris will use real life case studies to help you understand all the issues involving:
 
  • Recent Oversight Committee report on the IRS and the possible ramifications
  • The new changes in Partnership Reporting Form 1065 and what those changes might mean to your clients
  • How entities play a crucial role in commercial transactions and the mistakes clients make when they don’t understand the rules involved in a 1031 exchange
  • Basis shifting and how it applies to related party transactions
  • New Revenue Procedures, PLRs, and recent laws that change how we use vacation property and future principal residence property in an exchange
  • TIC (Tenant in Common) update and discussion on alternative replacement property such as oil and gas royalties
  • Timing problems in an exchange, identification rules, and what not to do
  • Parking Arrangement Exchanges overview: Reverse, Improvements, and Reverse-Improvement Exchanges
  • Qualified Intermediary update, how to choose one, and questions to ask
Class Taught By:
Cris Anderson