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Real Estate/ Continuing Education/ Connecticut/ Section 1031 Tax-Deferred Exchanges
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Section 1031 Tax-Deferred Exchanges

$45
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 3 Mandatory Hours: 0 Total Hours: 3
Description
State Requirements

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

Package Content:

State Requirements For Connecticut

Connecticut State Requirement Details for Real Estate Broker and Salesperson Continuing Education

Renewal Date: 

Salesperson licenses expire on May 31st of even-numbered years. All CE hours must be completed between March 1st of an even-numbered year and February 28th of the even-numbered year two years later.

Broker licenses expire on November 30th of even-numbered years. All CE hours must be completed between September 1st of an even-numbered year and August 30th of the even-numbered year two years later.

The CE completion deadline is 3 months before the renewal deadline. Courses taken late may not be applied to the current cycle. No course may be counted more than once toward CE.

Salesperson and Broker Hours Required: 12 hours

  • 3-hour mandatory course approved by the Commission concerning current real estate and fair housing legislation, licensing laws and regulations
  • 9 hours of elective courses

Note: No Continuing Education is due at the end of the first CE cycle after being licensed for those taking a CT licensing exam; however, those receiving a reciprocal license must complete CE for the first CE cycle.

The CE Shop’s Offering: 12 hours

  • CT Real Estate License Law - 2024-2026 Mandatory Core Course *for 2024-2026 CE cycle only
  • 9 hours of elective courses

Reporting: The state requires course completions to be reported to the state. We will report your course to the state upon completion.

Expiration Date of Course: Course expiration dates vary by course. Each individual course will have an expiration date listed in your account. See Terms & Conditions for more details.

Certificates: Immediately upon course completions, The CE Shop will provide students with an electronic copy of the course certificate of completion. Certificates will remain in your account for a minimum of five years, should you need additional copies at a later time. Please refer to your application to determine if you need to submit your certificate(s) of completion. Course completion dates are recorded using Central Standard Time. Please note that the date on your certificate of completion will reflect this.

License Renewal Process: The process to renew in this state can be found here. 

Seat Time: It is required that all students spend a minimum amount of seat time engaged in the course content. Our online course delivery system manages this requirement for you.

Still have questions? Visit our Frequently Asked Questions or Contact Us.

 

Connecticut Department of Consumer Protection, License Services Division

Street Address: 450 Columbus Ave, Suite 801, Hartford, Connecticut 06103

Mailing Address: 450 Columbus Ave, Suite 801, Hartford, Connecticut 06103

Telephone: (860) 713-6000 

Email: dcp.licenseservices@ct.gov

Department of Consumer Protection

Real Estate Broker and Salesperson Renewal

Real Estate Salesperson Continuing Education

Real Estate Broker Continuing Education