Course Details

Estate Planning With Section 1031 Exchanges: Structuring Like-Kind Exchanges Of Investment Property

Webinar: ID# 1015644
Recorded CD or On-Demand
About This Course:
IRC & 1031 exchanges allow owners of property held for use in a trade or business or for investment to dispose of assets and acquire replacement assets of a like-kind while deferring tax on the gain. Exchangeable assets include real estate, equipment, vehicles, collectables and artwork, sports contracts, and many other kinds of property. Section 1031 "like-kind" exchanges are a valuable estate planning tool because they take advantage of the stepped-up basis in inherited property received by the estate upon a taxpayer's death.

Section 1031 exchanges require careful planning and structuring according to IRS rules to avoid a like-kind exchange becoming a taxable event. In addition, the Administration's 2016 budget release proposes to limit real estate 1031 exchanges to a $1 million annual deferral cap and eliminate like-kind exchanges of artwork. Planners would be wise to look for ways their clients can benefit from 1031 exchanges.

Listen as our experienced panel explores how 1031 exchanges can help clients achieve estate planning goals and tax advantages. The panel will provide counsel with best practices on structuring like-kind exchanges according to strict IRS rules to avoid unwanted tax consequences from a failed 1031 exchange.

  • Overview of Section 1031 exchange requirements
  • Use of Section 1031 exchanges in planning
    • Real estate
    • Artwork
    • Other business and investment property
  • Review of relevant IRS guidance and court rulings

The panel will review these and other key issues:
  • What types of exchanged properties are more likely to be considered sufficiently like-kind to receive tax deferral?
  • What types of individuals or entities can serve as qualified intermediaries?
  • What common errors will result in the IRS disallowing an exchange?
  • How the "same taxpayer" requirement can complicate exchanges for partnerships, married couples, estates and trusts.
Learning Objectives

After completing this course, you will be able to structure a qualifying like-kind exchange eligible for tax-deferral. You will know the rules for selecting property eligible for 1031 deferral treatment, and the timing requirements for identifying exchange property. You will understand the structures of complex transactions, such as reverse and construction exchanges, and how qualified intermediaries fit in the framework of such complex exchanges.

David M. Hellman, CPA, Atty
Law Office of David M. Hellman, San Rafael, Calif.
Mr. Hellman has been involved in structuring and facilitating Internal Revenue Code section 1031 exchanges since the early 1980s. In 1984 he formed Marin County Exchange Corporation to act as a Qualified Intermediary. Since that time he has facilitated over 3,000 Deferred Exchanges (also known as Delayed Exchanges and Starker Exchanges), Reverse Exchanges, and Simultaneous Exchanges.

Felip E. Holbrook, Vice President
1031 Corp., Yakima, Wash.
Mr. Holbrook has been active in the 1031 exchange industry since 1997, as an exchange coordinator, officer and consultant. He holds the Certified Exchange Specialist® designation and is enrolled to practice before the Internal Revenue Service. He is a member of the Federation of Exchange Accommodators, where he served for many years on the Certification Council which administers the Certified Exchange Specialist® designation.

James Miller, Senior Vice President
Investment Property Exchange Services, Tempe, Ariz.
Mr. Miiller focuses on all types of 1031 Tax Deferred Exchanges and transactions involving real property, personal property, reverse and build-to-suit. He previously was a practicing real estate law attorney and a mortgage banker. As an attorney he represented buyers, sellers, homebuilders and developers in commercial and residential transactions ranging from multi-million dollar shopping centers to single-family homes. He is a frequent lecturer to accountants, attorneys, financial planners, and real estate brokers and agents on the subject of 1031 exchanges. He also teaches accredited continuing education courses in Arizona, Colorado, Nevada, New Mexico, Texas and Utah.

Continuing Education Credits Available

This program has been approved for 2.0 CPE hours through Strafford Publications. CPE Credit is available only for the LIVE webcast. Recorded versions do not qualify for credit.

Strafford 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.


To obtain CPE credit, attendees must participate in the live event, return an Official Record of Attendance to Strafford affirming their participation (including the CPE code announced during the program), and pay a processing fee of $35 per person.

Credit Confirmation

Strafford will mail a certificate of credit within approximately 2 weeks of receiving an attendee's completed Official Record of Attendance-provided all required conditions have been satisfied.


Handout materials and the phone number for live presentations are made available to you 1 day prior to the event via email from the presenter. Copies of the presentations are included with recorded versions.

If you order a recorded version of the webinar, CD's will be mailed out approximately 10 days after the live event. Shipping is included in the price of recorded versions.
Estate Planning With Section 1031 Exchanges: Structuring Like-Kind Exchanges Of Investment Property
Available on CD or On-Demand formats
Course Details
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