Section 1031 Tax-Deferred Exchanges
Chances are good that, if it hasn't happened yet, you will one day work on a transaction involves a property that’s part of a tax-deferred exchange. When this happens, will you be ready to guide your client through the process and ensure they meet the critical deadlines?
With an appropriately formed exchange, an investor can defer paying taxes on the profit from one investment and instead use all of the profits to fund another investment.
This course helps licensees become more comfortable with guiding clients through a 1031 tax-deferred exchange transaction and ensuring critical deadlines are understood and met.
Course highlights include:
- Section 1031 tax-deferred exchange definitions
- Starker’s Exchange background and application
- U.S. Internal Revenue Code requirements
- IRS Safe Harbor Guidelines
- Investor taxes advantages
- Setting up an exchange
- Selecting a Qualified Intermediary
- Licensee role in a Section 1031 tax-deferred exchange
- The non-exchanger's role in a Section 1031 transaction
- Reverse exchanges
- Rare exemptions to exchange deadlines
State Requirements For Louisiana
Louisiana State Requirement Details for Real Estate Continuing Education
Renewal Date: 12/31 of each year
- Timely Renewal Period: August 1 – September 30
- First Delinquent Renewal Period: October 1 – November 15 - fees assessed
- Second Delinquent Renewal Period: November 16 – December 31 - fees assessed
Visit LREC's website for more information.
Failure to renew your license by December 31 will result in expiration of your license.
All active real estate licensees must complete 12 hours of approved continuing education coursework, including any LREC mandatory course topic(s), each year to be eligible to renew their license for the next year.
Hours Required: 12 hours
- 4 hours – Mandatory hours
- 8 hours – Elective hours
MANDATORY COURSE TOPIC(S)
2025 Mandatory - Navigating the New Normal
Mandatory course topics must be completed through an approved LREC-certified real estate vendor on or before December 31 as part of the 12-hour continuing education requirement.
Louisiana Real Estate Commission
Address: 9071 Interline Ave, Baton Rouge, LA 70809
Telephone: 225.925.1923 or 800.821.4529
Fax: 225.925.4501