Dear agents, brokers and investors,
Test yourself by answering these real estate questions, if you cannot answer 80% of these questions, please come
join our class to learn more!
• What is the difference between IRS tax code section 121 vs. 1031? Who qualifies for a 1031 exchange?
• What types of investment property qualify for an exchange?
• Why do investors need to do an exchange? What are the tax implications?
• Can an investor still do an exchange after escrow has closed?
• What is the minimum holding period to be considered an investment property per IRS guidelines?
• What is net exchange value? What is the IRS formula to determine so?
• Do I (agent) need to disclose my client’s exchange representing the seller?
• Can I get sue by my seller (client) if I do not offer this option prior to the close of escrow?
• What is a Cash boot vs Mortgage boot in an exchange? Why should I care?
• What is the 45-day rule vs the 180-day rule? When do the 45 & 180-day rule start?
• How many ways to identify your replacement property?
• How should an agent handle earnest money deposit inside an exchange?
• Why is an asset allocation sheet necessary in a commercial sale inside a 1031 exchange?
• Is a related party transaction possible in a 1031 exchange?
• Should I dissolve my partnership before or after a 1031 exchange?
• Can I refinance my property in an exchange?
• What are the rules to convert an investment property to primary residence…. and much more!
MUST EMAIL / RSVP: Mr. Wai-Yew Lam at wlam@adelphiretirement.com
Hosted by: Southwestern National Bank
CLASS LOCATION: 6901 Corporate Dr. Houston, TX 77036
Date & Time: February 20, 2025 (Thursday)
Time: 1pm to 5pm
Please arrive 15 minutes early. Class begins promptly at 1pm.
Course Title: Putting Together a 1031 Exchange
TREC course # 49141 / 4-hour CE credits
Cost: Complimentary
Prerequisite: Open to current Realtors, Brokers, and Investors
Speaker: Mr. Wai-Yew Lam – TREC instructor
Real Estate School of Texas – Provider #646
Adelphi Retirement Inc
3190 S Vaughn Way, Suite 550
Aurora, CO 80014