Asset Preservation 1031 Webinar - Jan 6
New York, NY Asset Preservation, Inc. will be offering a series of free webinars that qualify for CE credits in January. The presentations are open to the public. Topics this month include Delaware Statutory Trusts (DSTs), how to buy before you sell, 1031 exchange principles, and more. The CE webinars are geared for attorneys, CPAs and all real estate professionals.
Topic: Closing a §1031 Transaction For Legal and Other Real Estate Advisors
Date: January 6, 2021
Time: 12 PM-1 PM EST
Presented by: Pamela Michaels, Esq., Asset Preservation
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