Asset Preservation 1031 Webinar - Jan 20
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: New Real Property 1031 Regulations Explored ad Explained
Date: January 20, 2021
Time: 12 PM-2 PM EST
Presented By: Bradley Borden, Esq. and Pamela Michaels, Esq.
2 NY CLE available*
The New Regulations defining Real Property under Section 1031 will be detailed with practical examples of how the definitions affect 1031 transactions. Topics covered will include how to determine if property qualifies as 1031 Real Property, the “State” law test, the “Listed Asset” test and the “Factors” test, the distinction between 1031 Real Property and Like Kind, examples of listed assets and how to apply the factors tests, the definition of inherently permanent structures and structural components, and the distinction between 1031, 1245 and 1250 treatment. Also discussed will be the treatment of incidental personal property, new rules regarding intangible real estate, and application of recapture rules. The program will also describe the restrictions on the use of funds by Qualified Intermediaries under (g)(6) and how the (g)(6) restrictions are impacted by the new regulations. Learn about how coops, leaseholds, options, air rights, DSTs, vacation homes and other diverse real property interests qualify under Section 1031. Open to the public.
To register/more info, CLICK HERE