1031 Exchanges – What Every Realtor Needs to Know

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1031 Exchanges – What Every Realtor Needs to Know

 You’re a realtor, your client is asking about 1031 exchanges, and you’re like oh lord, please help! Don’t sweat it, because after this class you’ll know more about 1031 exchanges than the average CPA does, and be able to explain them easily to your clients.

 You’ll simplify the entire process for them while doubling your own commissions at the same time! It’s the ultimate “Win-Win” in the field of real estate. Don’t let this learning opportunity slip by! 

You’ll understand how to tackle these situations head on and learn it from one of the most knowledgeable CPA 1031 exchange instructors in the business. Be prepared for this informative discussion. We’ll be talking about: •Six (6) simple and basic rules for a successful 1031 exchange:
1.Property must be held for investment or for production of income
2.45-day identification rule
3.180-day requirement to complete the exchange
4.What a Qualified Intermediary is and how to choose one for your exchange
5.How to hold title in a 1031 exchange
6.Spend all the cash, buy equal or up and you will never ever pay tax in a 1031 •

The “Reverse” 1031 exchange - what it is and how investors use them •Combining a 1031 exchange with the principal residence exclusion •Easily explain the benefits of exchanging to your clients •Contract considerations and structuring issues where 1031 exchanges are involved •Avoiding pitfalls and tax traps when exchanging •Simple tax saving strategies that produce life-long wealth for you and your clients 

Nace Cohen CPA has been in practice since 1982 and specializes in Real Estate Taxation and Accounting. He earned his B.S. in Accounting in 1981 from the University of Florida, a top 10 accounting university, and worked his way up through some of the largest CPA firms in the nation. In 2004, he started instructing 1031 Exchanges and International Income Taxes, and continues sharing his knowledge and experiences with Realtors® in the classroom throughout Florida. With offices in Naples and Bonita Springs, he is the President of 1031 Exchange Connection, Inc., a Qualified Intermediary firm of CPA’s specialized in 1031 Exchanges and real estate taxation. Naples office: 3435 10th Street North, Suite 301, Naples, FL 34103 Bonita Springs office: 9400 Fountain Medical Court, Suite 100, Bonita Springs, FL 34135 Tel: (239) 659-1031, Email: Nace@1031connection.com For more information, please call toll free at 1-888-659-1031, or visit our website at www.1031Connection.com. Member AICPA, Florida Realtors®, and NABOR