Like-Kind Exchanges
Date: Monday, August 11, 2025
Instructor: Allison McLeod
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Join Allison McLeod, CPA, LL.M for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal “shelters” available to those buying and selling real property. We will be covering the basic structure of a LKE, and ways a taxpayer can utilize qualified third-party intermediaries (QI), tenancy-in-common structures including Delaware Statutory Trusts (DST). We will also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property.
Who Should Attend
CPAs, EAs, lawyers, real estate professionals, accountants or other tax professionals.
Topics Covered
- Basic structure of a LKE
- Ways a taxpayer can utilize qualified third-party intermediaries (QI)
- Tenancy-in-common structures including Delaware Statutory Trusts (DST)
- Creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property
Learning Objectives
- Recognize how to differentiate whether a LKE can be used to defer taxes upon the sale of real property
- Recognize when it is appropriate to use a QI in effecting a LKE
- Describe a DST and how it can be used in obtaining replacement property on a timely basis
- Identify ways to appropriately use the LKE structure in unusual situations
Level
Basic
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
