Like-kind Exchanges in Real Estate Transactions
Date/Time
5/6/2024
8:30 AM - 10:30 AM Central
Course Registration
Member: $89.00
Non-Member: $109.00
Credits
2 Credits
Event Type(s)
Webinars
Event Description
Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal âeuroœsheltersâeuro available to those buying and selling real property. We cover the basic structure of a LKE, and ways a taxpayer can utilize qualified third-party intermediaries (QI), and tenancy-in-common structures including Delaware Statutory Trusts (DST). We also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property. This course is ideal for CPAs, EAs, lawyers, real estate professionals, accountants or other tax professionals. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:
After attending the presentation you will be able to...
Determine whether a LKE can be used to defer taxes upon the sale of real property.
Know when it is appropriate to use a QI in effecting a LKE.
Define a DST and how it can be used in obtaining replacement property on a timely basis.
Become knowledgeable about ways to appropriately use the LKE structure in unusual situations.

Instructor:
Allison M. McLeod, LL.M., CPA

Fields of Study:
Taxes

Major Topics:

The major topics that will be covered in this class include:

  • Like-kind exchanges have been hailed as one of the few “legal tax shelters” still available for real property investments, but it is really a result of favored tax policy.
  • These relatively straight-forward concepts can help a company significantly improve cash flow by deferring its tax liability.
  • These concepts will be illustrated by real-life examples that present a novel approach to like-kind exchanges as a useful and practical tax-planning idea.

Location
Webinar
Outlook/vCalendar/Google
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5/6/2024  


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