1031 Exchanges: From Simple to Complex (Self-Study)

Course Description

This course will cover exchanges from the most simple to some of the more complex exchanges. It will begin by first setting forth in simple terms how an exchange works, defining common exchange terms, then outlining in specific detail the mechanics of an exchange. After this background Mr. Houston will then identify and addresses some of most commonly asked questions, issues and misconceptions regarding exchanges. Finally, Mr. Houston will outline some of the more complex exchanges.

Syllabus

Section I. Introduction to Exchanges

Section II. Simple Rules for Determining Amount of Gain and Basis in Replacement Property

Section III. Pitfalls to Avoid and Common Questions and Concerns Regarding Exchanges

Section IV. Strategies for Selling Before Your Purchase

Section V. Who Can Act as Intermediary

Section VI. Control Issues

Section VII. Reporting an Exchange

Instructor

Dal Houston, Esq.