Opportunity Zones vs. 1031 Exchanges & DSTs

JavaScript isn't enabled in your browser, so this file can't be opened. Enable and reload.

Opportunity Zones vs. 1031 Exchanges & DSTs - CFP CE Assessment

This assessment must be completed in order to receive CFP CE credit for the webinar "Opportunity Zones vs. 1031 Exchanges & DSTs."

You must receive a score of at least 7/10 to receive CE credit. You may re-take this assessment if you do not achieve this result.

Please direct any questions to Michael Johnston: michael@opportunitydb.com

Email *

First Name *

Last Name *

CFP ID *

Which of the following statements about DSTs is FALSE? *

1 point

DSTs can offer fractionalized ownership in institutional-quality real estate.

DSTs are limited to having 35 investors.

A DST is a good way for someone to perform a 1031 Exchange into passive ownership of a real estate investment property.

The holding period of a DST can typically be 5-10 years.

What type of capital is eligible for Opportunity Zone tax benefit treatment? *

1 point

Capital gains

Investment property income

Inherited money

Any capital

In order to be eligible for a Section 1031 exchange, from which of the following sources must your gain be derived? *

1 point

Directly held real estate investment property

Publicly traded stock

Publicly traded REIT

Qualified Opportunity Fund

If a taxpayer realizes a $10 million gain from a $25 million sale, what amount is eligible for Opportunity Zone tax treatment if rolled over into a Qualified Opportunity Fund? *

1 point

The full $25 million

The $10 million gain amount

The $15 million principal

The after-tax gain amount

How long does a taxpayer have to identify potential replacement properties when attempting a Section 1031 Exchange? *

1 point

45 Days

180 Days

365 days

Until year-end

Which of the following statements is FALSE? *

1 point

Qualified Opportunity Funds are typically limited to opportunistic projects that are focused on capital appreciation.

DST investments are likely to be ground-up construction, based on current IRS regulations.

Section 1031 Exchange replacement properties can be core, core-plus, value-add, or opportunistic.

DST investments are restricted to core or core-plus type investments.

At what point is a taxpayer invested in a Qualified Opportunity Fund typically eligible to receive the full tax benefit associated with Opportunity Zone investing? *

1 point

Upon death and basis step-up to fair market value for decedents.

After achieving a 10-year holding period.

After achieving a 5-year holding period.

At any point in time, so long as the initial capital gain is rolled over within 180 days.

Which of the following statements is FALSE? *

1 point

Triple net leasing is restricted within a Qualified Opportunity Fund, but fully allowed within a DST.

A Qualified Opportunity Fund must invest primarily in property located within one or more Qualified Opportunity Zones; whereas DSTs have no such geographic restriction.

Investments into a Qualified Opportunity Fund or a DST can be any type of capital gain.

In general, investments into a Qualified Opportunity Fund or a DST have to be completed within 180 days of triggering a capital gain.

Which of the following is NOT a limitation of Qualified Opportunity Fund investing? *

1 point

Investment is restricted primarily to the 8,764 census tracts designated as Qualified Opportunity Zones.

Unless extended by Congress, the incentive is perishable.

The investment has to be a gain derived from the sale of publicly traded securities.

To receive the full benefit of the tax incentive, a QOF investor needs to achieve a 10-year holding period.

When were Delaware Statutory Trusts first approved for Section 1031 Exchanges? *

1 point

The Revenue Act of 1921

Delaware Statutory Trust Act of 1988

IRS Revenue Ruling 2004-86

Tax Cuts and Jobs Act of 2017

A copy of your responses will be emailed to the address you provided.

Submit

Clear form

Never submit passwords through Google Forms.

reCAPTCHA

Privacy Terms

This form was created inside of WealthChannel. Report Abuse

Forms