1031 Exchanges | |||
What Is A 1031 Exchange?1031 exchanges, also known as Like-Kind Exchanges or Deferred Exchanges, provide a way to sell qualified properties and use the profits from sales to purchase other qualified properties. If done correctly by following the 1031 exchange guidelines, the Capital Gain is not taxed until a later date. 1031 exchange guidelines can be difficult and confusing. Though they can be found in Section 1031 of the Internal Revenue Service (IRS) Code, most people take basic 1031 exchange training to understand “What is a 1031 exchange?”, or use a 1031 exchange intermediary to do the actual transaction. VendorPedia.com offers training for 1031 exchanges, reverse 1031 exchanges, and the 1031 exchange requirements from a variety of 1031 exchange companies. Here you can find books or self study materials on 1031 exchanges or the listings of actual 1031 exchange intermediaries to help fulfill your 1031 exchange needs. Featured 1031 Exchange Provider Find 1031 Exchange Training and 1031 Exchange IntermediariesTo find 1031 Exchange training, resources, and intermediaries, simply select “1031 Exchanges” from the search box below. | |||
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Examination Requirements Each exam varies, depending upon the course:
Ethics Requirement Those pursuing the ARe designation must pass a 50-question exam in the Ethical Guidelines For Insurance Professionals online module. This module is offered by the Institutes at no charge. If you wish to earn CE credits for passing the 50-question, objective, online exam included with it, there is a nominal $5 administrative fee. Additional Requirements Candidates are not required to meet experience or education requirements to attain this designation. Continuing Education Requirements A designee is not required to fulfill any annual continuing education requirements, nor are there any annual fees for a designee to maintain the designation. | |||
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