Understanding The 1031 Like-Kind Exchange

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Class Topics:
• History of Exchanges
• Criteria for a Like-Kind Exchange
• Tax Impact Without an Exchange
• Reinvestment Requirements
• Critical Elements of an Exchange
• Identification and Exchange Periods
• Reverse and To-Be-Built Exchanges
• Reporting the Exchange to the IRS
• VA QI Law on Exchanges
And most importantly…How you can use this information to help your clients, and what you can do as an agent!