Like-Kind Exchange 2025 (presented by NYU School of Professional Studies)

This foundational session covers the basic requirements for Section 1031 exchanges, including the four key components: real property qualification, like-kind standards, held-for requirements, and the same taxpayer rule. Attendees will learn about basis calculations, depreciation continuity, cost segregation recapture issues, and the 2020 real property regulations.

This session examines ethical considerations for practitioners involved in like-kind exchanges, including qualified intermediary privilege limitations and unauthorized practice of law concerns. Topics include AI ethics considerations, non-signing preparer standards, Section 7525 privilege, and penalty standards under Section 6662.

Explore exchanges involving credit tenant lease properties, Delaware Statutory Trusts, and tenancy-in-common arrangements as replacement property options for passive investors. The session covers true lease requirements, the seven deadly sins for DSTs, Revenue Procedure 2002-22 TIC conditions, and master tenant structures.

This session addresses the complexities of partnership involvement in Section 1031 exchanges, focusing on the same taxpayer principle and Section 752 debt allocation issues. Attendees will learn about Revenue Rulings 99-5 and 99-6 for entity conversions and EAT arrangements involving partnership interests.

Examine parking transactions under Revenue Procedure 2000-37 safe harbor and non-safe harbor arrangements for replacement and relinquished property. Topics include exchange last versus exchange first structures, the 180-day limitation, construction exchanges, and key case law including Bartell.

This session covers practical QI compliance matters including G(6) limitations, identification requirements, and the three-property and 200% rules. Attendees will learn about earnest money handling, investment of exchange funds, boot netting rules, and closing statement review best practices.

This advanced session explores the impact of cost segregation studies on exchanges, the interplay between Sections 1031 and 1245, and installment sale considerations. Additional topics include separation into part-exchange and part-sale transactions, and deed in lieu of foreclosure issues.

Learn structuring techniques when partners have different objectives—some wanting cash while others seek exchanges into separate replacement properties. Topics include special allocations of boot, TIC distributions, synthetic drop and swap via DST conversion, and partnership divisions into successor partnerships.

Receive the latest congressional and regulatory developments affecting like-kind exchanges directly from Senate Finance Committee counsel. This session provides critical insight into potential legislative changes and policy considerations impacting Section 1031 transactions.

This interactive session provides attendees the opportunity to pose questions to the full panel of expert speakers. Bring your most challenging exchange scenarios for practical guidance from leading practitioners, advisors, and government officials.