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Like-Kind Exchanges (Second Edition)

CCH Editorial Staff

Like-kind exchanges provide several advantages to taxpayers, such as deferral of capital gains taxes and the ability to upgrade property at lower cost. However, compliance issues in structuring like-kind exchanges have become more complex as the law in this area has become more voluminous. This course reviews the basic requirements for like-kind exchanges, as well as recent developments in this area that have served both to help many astute taxpayers and to trap many more unsuspecting ones. Topics reviewed include:

  • Types of property that can be exchanged
  • Differences in treatment for personal vs. real property
  • Consequences of receiving boot
  • Requirements for holding property
  • Related party exchanges
  • Deferred exchanges
  • Qualified intermediaries (QIs)
  • Reverse exchanges
  • Special issues related to partnerships

Course Details
Price:  $45.00
Field of Study:  Taxes
Prerequisites:  None
Level:  Basic
CTEC course number:  1075-CE-5275
Course was last updated on:  07/16/08
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Library:
Learning Center Core
Wealth Management

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
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Credit Available For: Units
CPE 3 CPE
QAS 3 CPE
Enrolled Agent (Accepted by the IRS) 3 CPE
CTEC Federal 3 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Jen Y. submitted on 12/30/2009
the examples helped to explain
Reviewer: Debbie J. submitted on 12/30/2009
relevant to a client
Reviewer: David M. submitted on 12/26/2009
Had more embedded links that did allow for reading and not a subscription to CCH Research.
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