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 Arkansas
Arkansas State Requirement Details for Real Estate Salesperson and Broker Continuing Education
Renewal Date: Renew for upcoming year by September 30th to avoid penalty. License expires on December 31st.
Hours Required by the State: 7 hours
- 1-hour Required Safety Course
- 3 hours of Electives
- Salespersons:
- 3-Hour 2025 AREC Required Course on Agency Representation and Compensation
- Principal Brokers and Executive Brokers WILL NOT receive CE credit for this course.
- Principal Brokers and Executive Brokers:
- 3-Hour 2025 AREC Required Broker Course on Supervision/Agency
- Salespersons may NOT take the Supervising Broker course.
- Associate Brokers:
- Associate Brokers may elect to take either the Salesperson course or the Broker course. If an Associate Broker has aspirations of becoming a managing broker, they are encouraged to take the Broker course.
Arkansas Real Estate Commission
Street Address: 612 South Summit Street, Little Rock, AR 72201
Mailing Address: 612 South Summit Street, Little Rock, AR 72201
Telephone: (501) 683-8010
Email: areclic@arkansas.gov