Benefits of 1031 Exchange for Real Estate Practitioners (WA, 3 hrs)

1031 exchange is a swap of one investment property for another that allows capital gains taxes to be deferred. Learn the requirements and benefits of Chapter 1031 of the Internal Revenue Code and how to leverage them for your client.


Great course to learn the requirements and benefits of Chapter 1031 of the Internal Revenue Code. The course teaches licensees about how investor(s) might defer Capital Gains by utilizing the features of Section 1031 of the U.S. Internal Revenue Code. Provides 3 hours of CE credit.

Course Topics:

  • Basic Rules of an Exchange
  • Understand: Productive Use
  • Investment Property
  • Inventory
  • Dealer
  • Personal Use
  • Like Kind property
  • 45 day ID, 135 Extension "180 days"
  • Second Half Rule
  • Three Property Rule
  • 95% and 200% Rules
  • Example of an Exchange
  • Forms to Execute an Exchange
  • When to Seek Professional Advice 

In Washington, licenses expire every 2 years. Licensees can renew 120 days before their license expires. Continuing education courses are not reported to the State unless requested by the State.  In the case of an audit, schools do not send information to the State. Rather, the State requires licensees to submit copies of their course completion certificates to the State directly.

On their website the Washington Department of Licensing  (DOL) provides information for obtaining, renewing, updating and managing your license through the following links:

CE renewal requirements and license updates:
For Brokers:
For Managing Brokers:

This information is subject to change based on the State's rules / laws updates and website link changes. Check for updates.

rev 3/24/20

Filter Options Renewal
Hours 3