What you'll learn:
- Overview of 1031 History
- Rational for 1031 / Benefits of §1031 - What is the Idea Behind §1031
- Basis / Mechanics of (non)Recognition of Gain
- Requirements for a 1031 Qualifying Property - held for productive use in a trade or business or for investment / Like-kind Property – real property for real property
- State Law Considerations and differences / Foreign Property
- Non-Qualifying Property - personal use property (2nd home), dealer property (inventory), stocks, bond, notes, partnership interests (tenant-in-common planning), trust interest, goodwill
- 45 Day Identification Period
- Identification Rules - 3-PROPERTY RULE, 200% RULE, 95% RULE
- 180 Day Exchange Period
- Consequences of Conducting a Partial Exchange and Receiving a Portion of the Proceeds or Other Property - Balance Value, Equity and Debt
- Complex Exchanges:
- Construction Exchanges-Making Improvements to the Replacement
- Reverse Exchanges Within the Safe Harbor of Rev. Proc. 2000-37
- Options for Parking Arrangements of 180 Days or More * UPDATE – New Case - Estate of Bartell
www.CPEC1031.com
Meeting Agenda
- 5:30 pm - Registration / Check-In / Networking / Vendors / MnREIA Trivia
- 6:00 pm - Early Bonus Session (Market Update)
- 6:40 pm - Break Out Session
- New Guest Orientation
- Networking for Members
- 7:00 pm - Haves and Wants
- 7:30 pm - Main Presentation
- 9:00 pm - Adjournment
Play MnREIA Trivia
Everyone that plays is a Winner,
and one lucky winner will receive $50 in REIA Bucks.
To Play REIA Trivia, simple
visit the Vendors to get the Questions (if you ask them, they may even help you find the answers), write your answers down on the
Answer Sheet that you get when checking in. Then turn the Answer Sheet in and take a spin at the REIA Trivia Spin Wheel to see what you have won.