Schedule of Events

8:30 - 9:00am

Registration & Continental Breakfast.

9:00 - 10:30am

Overview and Statutory Requirements of §1031 I.R.C.

●  The qualified purpose requirement: dealer property, personal residences and vacation homes

●  The like-kind requirement: real vs. personal

●  The exchange requirement

●  Same taxpayer requirement: changing entities mid-exchange

10:30 - 10:45am

Break

10:45 - 12:15pm

●  Related party rules: Acquiring replacement property from or selling relinquished property to a related party

Tax Consequences of Exchanging.

●  Computing taxable gain: boot and boot offset rules

●  Treatment of selling expenses: deductible or not

●  Refinancing: Before and after exchanging

●  Depreciation and recapture

●  Form 8824 completion

Deferred Exchanges

●  Identification and receipt provisions: 45 day rule, disaster extensions, how to properly identify replacement property

12:15 - 1:30pm

Lunch (on your own)

1:30 - 3:00pm

Deferred Exchanges (continued)

●  Safe harbors from constructive receipt: Qualified intermediaries, trusts and escrows.

●  Protecting the exchange funds from loss.

Reverse and Improvement Exchange Basics

●  Safe harbor reverse exchanges

●  Improvement exchanges

3:00 - 3:15pm

Break

3:15 - 4:45pm

Seller Financing, Partnerships and Tenancies in Common

●  Structuring an installment sale/exchange

●  Partnership “drop and swaps”

●  Tenancy in common or partnership?

Exchanging out of a Foreclosure

4:45 pm

Adjourn