CB Title Agency of NY, LLC in conjunction with Asset Preservation, Inc. Invites you to attend a free, 1-credit NY CLE webinar for Real Estate Attorneys on:
“Closing a 1031 Transaction”
Presented by: Pamela A. Michaels, Esq., Senior Vice President , Asset Preservation, Inc.
Tuesday, February 9th, 2021 – 12:00 P.M. – 1:00 P.M. (EST)
ABOUT THE WEBINAR: Closing a 1031 Transaction For Legal and Other Real Estate Advisors
The process and requirements to close a §1031 will be detailed for delayed, reverse and improvement exchanges. Exchange documents and closing instructions will be explained, how to prepare 1031 relinquished and replacement contracts will be discussed and how to identify qualifying real property in contracts and potential boot issues. Learn who is the tax owner and the importance of tax ownership to 1031 closings. Identify potential boot issues on closing statements and understand the work arounds. Learn what to provide your Qualified Intermediary to initiate an exchange. Documentation involved in parking arrangements and closing a parking arrangement will be highlighted. Open to the Public.
Questions? Contact Eve Meltzer – emeltzer@cbtitlegroup.com