This is a 2.5 hour online live lecture presentation.  Learners will be able to determine what type of transactions qualify for deferred recognition of gain under IRC Section 1031. Learners will be able to understand the tax consequences of various types of exchanges, including immediate exchanges, deferred exchanges and forward and reverse exchanges. Learners will be able to identify accommodation parties and qualified intermediaries for conduction Section 1031 exchanges. Learners will identify the factors that can cause Section 1031 like-kind exchanges to fail.