Introduction to 1031 Exchanges
What is a 1031 exchange?
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows investors to defer capital gains tax when selling one investment property and reinvesting the proceeds into a new, "like-kind" property. A REALTOR® who understands 1031 exchanges could effectively assist clients as they move upward and build their net worth. As a REALTOR®, working with investors provides for lucrative repeat business opportunities.
Topics Discussed:• The nuts-and-bolts of a 1031 exchange and what you need to know when representing a client in an exchange• Qualifications needed for an exchange• How exchanges can benefit your clients and increase your business by getting more listings
A 1031 exchange, named after Section 1031 of the U.S. Internal Revenue Code, allows investors to defer capital gains tax when selling one investment property and reinvesting the proceeds into a new, "like-kind" property. A REALTOR® who understands 1031 exchanges could effectively assist clients as they move upward and build their net worth. As a REALTOR®, working with investors provides for lucrative repeat business opportunities.
Topics Discussed:• The nuts-and-bolts of a 1031 exchange and what you need to know when representing a client in an exchange• Qualifications needed for an exchange• How exchanges can benefit your clients and increase your business by getting more listings
Upcoming sessions
February 18 in Online Webinar: 10:00AM - 12:00PM
September 08 in OC REALTORS® Laguna Hills: 10:00AM - 12:00PM
Instructors