Understanding 1031 Tax-Free Exchanges (CE approved)

Online elective (available anytime, any day)

The exchange of certain types of property may defer the recognition of capital gains or losses due upon sale, and hence defer any capital gains taxes otherwise due. This CE course explores the history, evolution, rules, and forms of the strategy used to defer tax liability until a later date; it includes real‐life calculation examples. Loaded with real‐life examples and calculations, the course is perfect for both salespersons and brokers. Agents will learn the vocabulary and application of tax‐free exchanges so they are better able to answer client questions.

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NOTE: According to the NC Real Estate Commission Rule 21 NCAC 58E.0302 all distance education courses require students registering for such course to complete the course within 30 days of the date of registration for the course or the date the student is provided the course materials and permitted to begin work, whichever is the later date, provided that the deadline for course completion is an approval period shall not be later than June 10 of that approval period. If a course expires, the student is considered a “no show” and CRCBR “no show” policies will apply.