Dear agents, investors & developers,
Test yourself by answering these real estate questions, if you cannot answer 80% questions posted, join our class to learn more!
Class I (4-hour CE credits): Title “Putting Together a 1031 Exchange” / Course# 43555
1: What is the difference between IRS tax code section 121 vs 1031?
2: How did the new tax law affect 1031 exchanges? Who qualifies for a 1031 exchange?
3: What is a 1033 exchange? How do you handle this kind of exchange?
4: What types of investment property qualify for an exchange?
5: Why do investors need to do an exchange? What are the tax implications?
6: Can an investor still do an exchange after escrow has closed?
7: What is the min holding period to be considered an investment property per IRS guidelines?
8: What is net exchange value? What is the IRS formula to determine so?
9: Can I be sued by the seller (client) if I do not offer this option prior to the close of escrow?
10: What is a Cash boot vs Mortgage boot in an exchange? Why should I care?
11: What is the 45-day vs the 180-day rule? When do they start?
12: How many ways to identify your replacement property?
13: What type of exchanges are available to investors?
14: Can you flip a remodeled home to do a 1031 exchange?
15: Is related party transaction possible in 1031 exchange?
16: What is exchanging into like kind per IRS rule?
17: Can you break up a partnership in a 1031 exchange?
18: Can you refi inside a 1031 exchange from the relinquish vs the replacement property… much more!
Speaker:
Mr. Wai-Yew Lam – TREC Instructor / License #3906
Real Estate School of Texas – Provider #646
RSVP TO: wlam@adelphiretirement.com (c) 925.212.1727
Class Sponsor: Keller Williams Southwest
Class location: 1650 Highway 6, #350, Sugar Land, Texas
Date & Time: March 25, 2024 – Friday
10am to 2.30pm / Lunch: 12 to 12.30pm
Food: Light food with drinks
Course Title: Putting Together a 1031 Exchange
Trec course# 43555
Cost: Complimentary
Wai-Yew Lam, Trec Instructor
President of Adelphi Retirement Management LLC
“Over 30 years of 1031 exchange experience serving all 50 States.”