Lunchtime Learning Webinar: “§1031 Exchange Basics and Beyond”
Aug 18, 2022 | 12:00 PM via Zoom
A 1031 exchange (also called a like-kind exchange or a Starker exchange) gets its name from Section 1031 of the U.S. Internal Revenue Code, and allows you to avoid paying capital gains taxes when you swap of one investment property for another. If your transaction meets the requirements of 1031, you can sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like kind and equal or greater value. Though popular tools for real estate investment, the rules and regulations for 1031 exchanges can get a little complicated. Our presenter will cover all the basics, including:
* The benefits and basics of a 1031 exchange
* Why are 1031 exchanges in the cross-hairs of tax reform proposals
* Key dates in exchanges
* When capital gains taxes can be fully deferred
* And much more.
Barry Neustadt, CPA, of Madison 1031 is a seasoned CPA and tax accountant, having advised investment partnerships and their investment management families at a large national accounting firm in his role as tax manager. Most recently he was CFO at a large commercial real estate owner and property manager.