Jillian Rosansky will be presenting a free 1-hour educational course, "Advanced 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 Concepts". This course will delve into comprehensive Advanced 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 concepts and commonly encountered scenarios at Accruit, equipping you with the knowledge you need including the following:

• Qualified Use & Refers to the "nature or character" of the property and not to its "grade or quality." That is, real property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other real property. Personal property held for investment or the productive use in a trade or business may generally be exchanged on a tax-deferred basis for other personal property, provided the personal property is of "like kind" or "like class." Professional tax advice should be obtained when planning exchanges. Like-Kind Property
• Cash Out Refinancing
• Individual or entity that owns replacement property desired by the taxpayer. Seller Financing
• Drop & Swaps
• Mixed-Use Properties
• Reverse & Build-To-Suit
• And More!

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