1031 Exchanges allow deferral of the payment of capital gains tax. But, will a 1031 exchange help you during the current real estate market?
This conference will focus on 1031 strategies that are tailored to meet the challenges of the current real estate market. A financing expert will guide you through the hurdles of financing a new purchase or refinancing your existing real estate.
You will learn how to harness a 1031 exchange to take advantage of the many opportunities presented in this difficult real estate environment.
Don’t Miss These Topics:
Principal Advantages to 1031 Exchanges and the Rules of the Game
Common Problem Areas with 1031 Exchanges
Financing Issues for 1031 Exchanges
1031 Strategies Adapted to Meet Current Market Challenges
Who Should Attend:
Attorneys/Legal Staff
Real Estate Owners and Developers
Real Estate Professionals
Real Estate Investors
Lenders
Appraisers
Friday, Jun. 18, 2010
| 8:30 | Introduction and Overview of the Current Real Estate Market |
Exchange Facilitator Corporation
| 8:40 | Principal Advantages to 1031 Exchanges and the Rules of the Game |
What Property Qualifies for a 1031 Exchange; How to Estimate Capital Gains Tax.; How to Determine Whether or Not to do an Exchange; Suggested 1031 Language for Purchase and Sale Agreements; Expanding the Time Window for an Exchange; The Time Deadlines Forward and Reverse Exchanges Identification Issues; State Laws Governing 1031 Exchanges; Protecting the Exchange Money Funds; Preserving Principal and Liquidity; Principal Use of LLCs
Exchange Facilitator Corporation
| 9:30 | Common Problem Areas with 1031 Exchanges |
Related Party Exchanges; Disposition of Partnership Interests; Joint Ownership; Marital Status
Exchange Facilitator Corporation
| 10:15 | Financing Issues for 1031 Exchanges |
Time Requirements in Today's Market for Financing And Refinancing; Dealing with Increasing Equity Requirements and Lower Appraisal Values; Loans to LLC and Other Shelter Entities; Special Financing Challenges Posed by Reverse Exchanges
Luther Burbank Mortgage Corporation
| 11:30 | 1031 Strategies Adapted to Meet Current Market Challenges |
Reverse Exchanges Safe Harbor; Reverse Exchange Non-Safe Harbor, Improvement Exchanges; Vacation Properties and Second Homes; Conversion to Primary Residence and Gains Exclusion; Beating the Tax Man Forever – The Moving Target of Estate Tax
Exchange Facilitator Corporation
Dennis P. Helmick, Program Chair, President and House Counsel of Exchange Facilitator Corporation, founded the firm in 1988. It was the first 1031 exchange company formed in Washington State. He has practiced commercial and real estate law for over 35 years.
Mr. Helmick served as a Board Member of the Federation of Exchange Accommodators (FEA), the national trade association representing exchange accommodators, for seven years. His commentary on exchanging appears in several nationally distributed books on exchanging as well as area newspapers and real estate periodicals. He is a state-certified instructor in real estate law and tax-deferred exchanges, and is a member of the Real Property, Probate and Trust Section of the Washington State Bar.
Robert McGrouther is a Commercial Lending Officer at Luther Burbank Mortgage Corporation. In 2008, he was selected to open a new multi-family lending office and platform in Bellevue, Washington for Luther Burbank Savings, headquartered in Santa Rosa, California.
Prior to joining Luther Burbank, Mr. McGrouther was a Senior Loan Officer, Multi-Family Lending, with Wachovia Mortgage Corporation for two years and with World Savings in Oakland, California for nine years. He is a former Wachovia “Circle of Excellence” award winner, a ten-time World Savings “President’s Club” member, and a former member of the World Savings Portfolio Acquisition Team.
This seminar is approved for the following credits
Washington State Bar Association
3.75 General CLE Credits
Oregon State Bar
4.0 General CLE Credits - The Seminar Group is an Accredited Sponsor
The State Bar of California
3.75 General CLE Credits - The Seminar Group is an approved MCLE provider
State of Washington, Dept. of Licensing, Real Estate Division
3.5 Hours
State of Washington, Dept. of Licensing, Real Estate Appraiser Section
3.75 Hours
May qualify for CPE credits. Please check with your state board’s requirements.
If this seminar has not been approved for the credits you require, let us know and we will look into it for you.
Information on Continuing Education Credits
| Single Registration* |
$325.00 |
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| 2 or more (each)* |
$300.00 |
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| Government Employee* |
$270.00 |
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| Real Estate Professional* |
$270.00 |
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| Non-Profit / NGO* |
$270.00 |
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| New Associate* |
$240.00 |
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| Printed Course Materials |
$60.00 |
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| DVD Homestudy |
$335.00 |
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| CD Homestudy |
$335.00 |
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| Downloadable Course Materials |
$60.00 |
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| On Demand (All Sessions) |
$325.00 |
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* Indicates that the rate is available for attending in person and Live Webcast
Fee Description
Cancellation Policy
We will refund your tuition less a $50 cancellation charge if we receive your cancellation by 6/11/2010.
| This seminar is being held at: |
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| Washington Athletic Club |
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1325 6th Avenue
Seattle, WA 98101
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| Phone: 206-622-7900 |
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A courtesy block of sleeping rooms has been set aside at a reduced rate until 5/3. Please call the Club for directions/questions.
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Get directions to seminar location.
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Download brochure to get a printable version of all seminar information.
Register now.
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