Section 1031, like-kind exchanges, are the most commonly encountered form of tax deferred transactions. Practitioners with real estate clients will encounter numerous like-kind exchange transactions during a typical year. The rules applicable to the structure of deferred exchanges are set by regulation and must be strictly complied with. More complex transactions sometimes require that another party 'park' the ownership of the property as part of the exchange. This course provides an overview of 1031 exchanges and is a useful guide for practitioners new to these transactions. Tax expert Jim Hamill will cover all aspects of 1031s, including advantages, caveats, requirements, and various compliance issues to help you advise clients seeking to defer taxes from property sales.