SOURCE: 1031Training.com

November 16, 2006 11:07 ET

New Course Unleashes the Power of the 1031 Exchange

1031Training.com Launches Program

WINCHESTER, MA -- (MARKET WIRE) -- November 16, 2006 -- 1031Training.com announced today the release of its new program "1031 Exchange Training with Advanced Techniques."

The course uses real life examples to teach readers how to comply with the IRS 1031 code when conducting exchanges. "1031 exchanges represent a widely untapped market," says course author John Falletti. "In fact, they are growing even as the real estate market stalls. This means that there is ample opportunity for anyone with the knowledge to utilize this market. I designed this course to provide a complete solution for dealing with 1031 exchanges."

The course not only teaches how to conduct IRS section 1031 exchanges, but also how to generate new income streams from an existing client base. In addition to this, the course also covers advanced exchanging techniques such as Tenant in Common interests and zero cash flow properties.

The course consists of a training manual focusing on real life 1031 exchange examples, four two-hour DVDs of actual in-class training, 1031 exchange IRS approved software and forms, marketing materials and ideas, a proprietary IRS 8824 summary package, Success Stories booklet, and an exclusive Fast Exchange software application with all the IRS acceptable 1031 exchange forms.

Since the early 1920s, 1031 exchanges, named after section 1.1031 of the IRS code, allows the seller of an investment property to defer the capital gain and recapture taxes so long as the proceeds of the sale are used to purchase a "like-kind" property. Over 400,000 exchanges were conducted in 2005. That number is expected to grow in 2006.

The 1031 course manual is $495, from www.1031Training.com

About 1031Training.com

1031 Training LLC was founded by the principals of 1031 Exchange Group LLC, one of the nation's largest and most respected full-service exchange companies in the country, to fill the need for a quality 1031 exchange program offered in a convenient and easy-to-learn format. Initially, the course was designed to teach people how to perform 1031 exchanges using our software and forms, but has since been expanded to include information about selling replacement properties and advanced tax strategies such as Tenant in Common interests, zero cash flow properties, and cost segregation analysis. The principals of 1031 Exchange Group LLC are co-hosts of the successful Money Matters Radio Show, carried daily on over 20 stations up and down the East Coast.

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