Marty Edwards and Matthew Douglas will be presenting a 1-hour CLE course on behalf of Advocus National Title Insurance Company, formerly Attorneys’ Title Guaranty Fund, Inc. (ATG), for both Illinois and Wisconsin continuing legal education credits. 

This course will discuss solutions to common situations that can arise during your clients’ 1031 Exchange transactions. Gain a better understanding of how to handle and solve these occurrences.

We will explore these topics:

• Personal Use Properties and 1031 Exchange: Converting personal residence, or personal use property (e.g., a vacation home), into exchange-eligible property and vice versa.
• Exchanges Straddling Two Tax Years: Effects of beginning an exchange late in the year, i.e., tax-year straddles.
• Seller Financing in 1031 Exchanges: Requirements that must be met when seller financing is involved when Exchanger is acting as Seller or Buyer.
• Seller Financing in Reverse Exchanges: Requirements for lending; problems with getting the Replacement Property financing set without regard to the LLC being the borrower.
• Parking Exchange Overview, including:
  • Parking the Replacement Property vs. the Relinquished Property
  • Build-to-Suit/Improvement Leasehold Improvement
  • Traditional vs. Bartell Style “Non-Safe Harbor” Transactions 

Register Today!