Washington's Source For Real Estate Education

Washington's Source for Real Estate Education

 

Washington Real Estate Education!  Narrated * Online 24/7 * State-Approved

  • Online 24/7, Self-paced
  • Easy to use, immediate certificate processing
  • Mobile-friendly
  • Quality material
  • State-approved Real Estate School #S1738
  • Trusted by peers since 2004
Elective
Washington
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 
     

3 Hours
$29.00