Course Description

1031 Exchanges by John Mangham

Course Outline

1. Introduction
   1. Introduction
2. History of the 1031 Exchange
   1. History of the 1031 Exchange
      Upon completion of this lesson, you should be able to:
      • Identify and properly assign tax layers.
      • Describe when to take depreciation.
      • Identify the basic properties of a 1031 exchange.
      • Identify when exclusions may be used.
   2. History of the 1031 Exchange Lesson Test
   3. History of the 1031 Exchange Chapter Test
3. Definition of like kind
   1. Definition of like kind
      Upon completion of this lesson, you should be able to:
      • Identify examples of qualifying, non-qualifying, and questionable qualifying property.
      • Define the rules regarding the $250,000/$500,000 exclusion.
      • Describe how to show a property is being held for investment.
   2. Definition of like kind Lesson Test
   3. Definition of Like Kind Chapter Test
4. Rules for a 1031 Exchange
   1. Rules for a 1031 Exchange
      Upon completion of this lesson, you should be able to:
      • Identify the various deadlines for a 1031 exchange.
      • Identify the phrases required in contracts.
      • Identify who can be intermediaries.
      • Define the 200% rule.
   2. Rules for a 1031 Exchange Lesson Test
   3. Rules for a 1031 Exchange Chapter Test
5. The Delayed Exchange
   1. The Delayed Exchange
      Upon completion of this lesson, you should be able to:
      • Identify the jobs of the intermediary.
      • Describe the different phases of a 1031 exchange.
   2. The Delayed Exchange Lesson Test
   3. The Delayed Exchange Chapter Test