1031 EXCHANGE COURSEWORK
To get started using 1031 exchanges for the benfit of your clients, you'll need to know the basic mechanics of a tax deferred exchange.
The benefits of 1031 exchanging for your client are difficult to overstate. However, you need to know them and be able to describe them.
In solving real estate related problems for clients by deferring capital gain taxes, you can benefit too. How about two commissions, not one?
Most 1031 exchange are rather straightforward. But it is important to know that exchanging can involve other more complicated strategies too.
One advanced strategy involves a client buying before they sell. In this caes study you'll learn the basic logistics of a reverse exchange.
The most sophisticated of exchanges involves scenarios where your client must exceed the standard 180 day exchange period.
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