Please join us for a discussion on like-kind exchanges (LKE), known as one of the last great tax legal “shelters” available to those buying and selling real property.  We will be covering the basic structure of a LKE, and ways a taxpayer can utilize qualified third party intermediaries (QI), tenancy-in-common structures including Delaware Statutory Trusts (DST).   We will also explore creative solutions to sticky situations a taxpayer may find itself in obtaining replacement property. 

Learning Objectives:  By the end of the course, the participant will be able to:

1.  Determine whether a LKE can be used to defer taxes upon the sale of real property.
2. Know when it is appropriate to use a QI in effecting a LKE.
3. Define a DST and how it can be used in obtaining replacement property on a timely basis.
4. Become knowledgeable about ways to appropriately use the LKE structure in unusual situations.