New York, NY Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in February. Pamela Michaels, Esq., senior VP of Asset Preservation, Inc. will lead the presentations, which are free, and open to the public. Topics this month include 1031 principles, closing a 1031 transaction, Delaware Statutory Trusts and advanced 1031 exchange stategies. The CE webinars are geared for attorneys, CPAs and all real estate professionals.
Topic: 1031 Exchange Principles (plus first quarter 2021 Update)
Date: February 3, 2021
Time: 12 PM- 1 PM EST
Presented By: Michaels
Cost: Free
1 NY CLE CPE and 1 NJ CPE and CLE Available*
First Quarter § 1031 Developments will be summarized. Learn the basic requirements of every §1031 exchange. Understand the essential requirements to qualifying and performing a successful exchange and the role of your Qualified Intermediary. Become familiar with the 3 safe harbor structures for exchanges: delayed, reverse and improvement exchanges. Topics covered will include what is qualifying real property, the identification rules and pitfalls, requirements for full deferral, taxownership of §1031 properties and how to apply §1031 and §121 together. Recent developments will be highlighted. Open to the public
To register/more info, CLICK HERE
Topic: Closing a §1031 Transaction For Legal and Other Real Estate Advisors
Date: February 9, 2021
Time: 12 PM- 1 PM EST
Presented By: Michaels, and Hosted by CB Title Agency of New York
Cost: Free
1 NY CLE Available*
The process and requirements to close a §1031 will be detailed for delayed, reverse and improvement exchanges. Exchange documents and closing instructions will be explained, how to prepare 1031 relinquished and replacement contracts will be discussed and how to identify qualifying real property in contracts and potential boot issues. Learn who is the taxowner and the importance of taxownership to 1031 closings. Identify potential boot issues on closing statements and understand the work arounds. Learn what to provide your Qualified Intermediary to initiate an exchange. Documentation involved in parking arrangements and closing a parking arrangement will be highlighted. Open to the public.
To register/more info, CLICK HERE
Topic: Delaware Statutory Trusts: 1031 Replacement Property Strategies
Date: February 17, 2021
Time: 12 PM- 1 PM EST
Co-Presenter: Eric Bicknese, Financial Advisor, Nationwide Planning Associates, Inc. **
1 NY CLE Available*
Cost: Free
Delaware Statutory Trusts detailed and explained. Discussion will include what is a DST, Pros and Cons of DST Investments, identification strategies during COVID 19 with DSTs, how to identify a DST, meeting the exchange equation with DSTs, the role of the sponsor, the application of securities laws and the function of the PPMDSTs including What is a DST, Pros and Cons of DST Investments, identification strategies during COVID 19 with DSTs, how to identify a DST, meeting the exchange equation with DSTs, the role of the sponsor, the application of securities laws and the function of the PPM.
To register/more info, CLICK HERE
Topic 1031 Strategies in 2021 (highlight on Delaware Statutory Trusts)
Date: February 24, 2021
Time: 12 PM-2 PM
Presented by: Michaels and Roy Pfleger II, president & financial consultant, RVP II Consulting
2 NY/NJ CLE CPE and CE*
Cost: Free
2021 First Quarter §1031 developments summarized. Basic to advanced topics will be covered. Learn how to maximize the benefits of §1031 exchanges in 2020 and structure beneficial §1031 exchanges. Learn how to avoid the most common §1031 pitfalls understand the related party rules, the impact of seller financing and partial exchanges, split treatment transactions, what are exchange expenses and “boot” and special tools for partnerships. Explore the options provided by reverse and improvement exchanges with illustrations of each structure. What is qualifying real property will be highlighted with a feature presentation on Delaware Statutory Trusts by Roy V. Pfleger II, President & Financial Consultant, RVP II Consulting. See Disclosures below***. Open to the public
To register/more info, CLICK HERE
* There is no charge for these webinars. All are open to the public.
If NY CLE is noted as available, these programs are transitional and appropriate for both NY newly admitted and experienced attorneys for a maximum of 1 or 2 CLE hours as noted. Stewart Title Insurance Co. has been certified by the New York State Continuing Legal Education Board as an Accredited Provider of continuing legal education in the State of New York.
If Ethics Credit is noted as available, the program has been approved in accordance with the requirements of the New York State Continuing Legal Education Board for a maximum of 1 Ethics credit hour.
If NJ CLE is noted as available, the webinar has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1-2 hours of total NJ CLE credit as noted. Of these, 0 qualify as hours of credit for ethics/professionalism, and 0 qualify as hours of credit toward certification in civil trial law, criminal trial law, workers compensation law and/or matrimonial law.
Regulations and guidelines of the NY and NJ CLE, CPE and CE Boards provide that credit shall be awarded only for attendance at an entire course or program, or for attendance at an entire session of a course or program. No credit shall be awarded for attending a portion of a course or a portion of a session. Issuance of certificates will be subject to completion of the program and any required sign in form/evaluation. (Per New York CLE rules-If an attorney has taken this class previously and received CLE credit for it, they are not eligible to receive credit again for the class.
**Delaware Statutory Trust Webinar Disclosure: Eric Bicknese is a registered representative with Nationwide Planning Associates, Inc. member FINRA, SIPC. Representatives are registered through, and securities are sold through Nationwide Planning Associates, Inc., member FINRA/SIPC, located at 115 West Century Road, Suite 360, Paramus, NJ 07652. Investment advisory services are offered through NPA Asset Management, LLC. Insurance sold through licensed NPA Insurance Agency, Inc. agents. Nationwide Planning Associates and its representatives do not provide tax or legal advice. Consult with your tax advisor or attorney regarding specific tax issues. This advertisement is for information only. It is not to be construed as an offer to sell or a solicitation of an offer to buy any security or undertake any investment strategy. Specific recommendations can only be made by request and with the review of the client’s investment portfolio. You are encouraged to consult your tax advisor to determine how an investment program will affect your individual tax circumstances.
***Securities offered through DAI Securities, LLC, member FINRA/SIPC. Advisory services offered through DAI Wealth, Inc.., an SEC Registered Investment Adviser. DAI Securities, LLC and DAI Wealth, Inc. are separate, but affiliated, entities.
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