Section 1031 Exchanges - 0.2 CPE

Section 1031 exchanges allow real estate investors to defer taxable gain when investment or business property is exchanged for qualifying replacement property. However, strict identification deadlines, intermediary requirements, and exchange procedures must be followed carefully to preserve tax deferral treatment.

Learning Objective 

Recognize the requirements necessary to defer gain through a Section 1031 like-kind exchange.

Course Description

This nano-learning course explains the qualification rules, exchange deadlines, and tax deferral requirements associated with Section 1031 like-kind exchanges.

Ideal For

Tax and accounting professionals advising real estate investors, business owners, developers, or clients involved in investment property exchanges.

Why This Matters

Section 1031 exchanges can preserve investment capital and defer substantial taxable gain, but missed deadlines, improper identification procedures, constructive receipt issues, and taxable boot can unexpectedly trigger immediate tax consequences. Understanding the procedural and reporting requirements helps practitioners structure exchanges properly while avoiding costly compliance errors.

Author / Instructor

Lee T. Reams, Sr., BSME EA
Lee T. Reams, Sr. is an Enrolled Agent with extensive experience in tax preparation, representation, and advanced tax planning. He is known for helping practitioners apply complex tax rules in real-world client situations.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Understand How Section 1031 Exchanges Defer Taxable Gain

Start Section 1031 Exchanges and learn how exchange deadlines, replacement property rules, and intermediary requirements affect real estate tax deferral strategies.