Many real estate professionals don’t realize that foreign real estate held for rental, investment, or business use can qualify for a 1031 exchange. That means sellers can defer paying federal and state U.S. income taxes when they reinvest in other qualifying foreign property.
On Wednesday, Aug. 27 at 10 a.m. CST, join Illinois REALTORS® Global Forum Chair Theresa Mueller and Vice Chair Dr. William Mustafa as they welcome William L. Exeter, CEO of Exeter 1031 Exchange Services. With decades of experience and more than 125,000 exchanges processed, Exeter will explain how foreign property 1031 exchanges really work and what REALTORS® need to know to guide their international clients.
Exeter will highlight:
- What qualifies (and what doesn’t) under the rules
- How tax deferral applies when reinvesting in foreign property
- Practical strategies to better serve global clients
Don’t miss your chance to gain insider knowledge and strengthen your global expertise. Register today to join us on Aug. 27 at 10 a.m. CST.
