Learn the secrets of 1031 tax deferred exchanges in Omaha.

This class is Module 37 of 46 in a series called Real Estate Investing Secrets.

Topics covered in this module include:

• What is a 1031 tax-deferred exchange?


• What are the key aspects of a 1031?


• The 4 types of 1031 tax-deferred exchanges and when we use each


• Defining like-kind and understanding what you can sell and buy with exchanges


• Specific exclusions with 1031 exchanges


• Refinancing before or after you do a 1031 exchange to pull cash out


• Why you can’t touch any of the money during the exchange


• Who can’t be your intermediary


• The strict time limits on 1031 exchanges


• The 3 rules for identifying replacement properties in 1031 exchanges


• 3 examples: without a tax-deferred exchange, with a 1031 and a 1031 with boot


• The danger to real estate investors of using a Qualified Intermediary (QI)


• Considerations when selecting a QI


• Questions to ask your prospective QI


• 3 sample contract provisions for required for completing a 1031 exchange


• Post-exchange documentation


• Adjusting basis when selling some of the properties you’ve 1031 exchanged into


• Avoiding boot when dealing with closing costs


• Typical costs for 1031 tax-deferred exchanges


• Asset protection and title solutions with 1031 exchanges


• How to 1031 out of a partnership when partnerships are not considered acceptable like-kind property


• How to utilize 1031 proceeds to partner with others when partnerships are not acceptable like-kind property


• Owner-occupying after completing a 1031 exchange to take advantage of the home sale exclusion


• The complicated process of 1031 exchanges into REITs


• How to invest in real estate and never pay capital gains or depreciation recapture taxes


• Can you 1031 exchange and pay off mortgages on other properties with the proceeds?


• Plus much more...

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