Like-Kind Exchanges

Overview

Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal “shelters” available to those buying and selling real property.  We will be covering the basic structure of a LKE, and ways a taxpayer can utilize qualified third party intermediaries (QI), tenancy-in-common structures including Delaware Statutory Trusts (DST).   We will also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property.

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
 

Highlights

• Like-kind exchanges (LKE)
• Qualified third party intermediaries (QI)

Prerequisites

None

Designed For

This course is ideal for CPAs, EAs, lawyers, real estate professionals, accountants or other tax professionals.

Objectives

• 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.

Preparation

None

Notice

This course is offered by a 3rd party vendor and will not be accessible in the My CPE Tracker section of the ISCPA website. Course access information will be emailed directly to you by Accounting Continuing Professional Education Network (ACPEN).