Accruit Webinar: History of 1031 Exchanges and the Role of a Qualified Intermediary

Marty Edwards, JD, CES®, will be presenting a free 1-hour webinar, History of Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange s and the Role of a Qualified Intermediary.

In this webinar, gain valuable insights into the evolution of 1031 exchanges over time and discover the indispensable contributions of a Qualified A person acting to facilitate an exchange under section 1031 and the regulations. This person may not be the taxpayer or a disqualified person. Section 1.1031(k)-1(g)(4)(iii) requires that, for an intermediary to be a qualified intermediary, the intermediary must enter into a written "exchange" agreement with the taxpayer and, as required by the exchange agreement, acquire the relinquished property from the taxpayer, transfer the relinquished property, acquire the replacement property, and transfer the replacement property to the taxpayer. Intermediary in facilitating seamless transactions. Delve into the intricacies of this essential aspect of real estate investment strategy and enhance your understanding of its significance in maximizing tax deferral benefits.

Marty boasts over 35 years' in the Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange Industry. He is a long time member of Federation of Exchange Accommodators (FEA), he has been privileged to present to other members the half day “boot camp” on reverse exchanges and construction/improvement exchanges for the last four years at the FEA annual conference. He also received the 2022 award known as The Margo McDonnell Certified Exchange Specialist® Award in Recognition of Extraordinary Service to the Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange Industry. 

 

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01 PM - 02 PM MST
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