Grant Hauver, Account Executive, will be instructing a 2-hour CE Course: An Overview 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 on behalf of Rocky Mountain Title.
This course will provide an overall understanding of a 1031 exchange in relation to the Real Estate Industry. The course will educate on the purpose of a 1031 exchange, the history of 1031 exchange, the federal requirements when a seller is participating in a 1031 exchange, as well as when a buyer is participating, identifying other types of 1031 exchanges, understanding recent tax law changes and their effect on the 1031 exchange, and the Qualified Intermediaries role in a 1031 exchange.
Contact us today if you are interested in hosting a CE course!