A practical guide to understanding and analyzing tax-free exchanges of like-kind property. Exchanging is one of the most powerful tools available to real estate investors. If you're interested in tax savings and the other benefits available from real estate exchanging, Tom Lundstedt's audio seminar will de-mystify this often misunderstood and intimidating topic.

Whether you're a beginner or want to add to your existing knowledge, you'll profit from this program by increasing your confidence in analyzing exchanges and understanding pitfalls to avoid. You'll learn:

• The benefits of exchanging rather than selling a property
• The biggest reason savvy investors exchange
• How to calculate the exchangeable equity, realized gain, recognized gain, net loan relief, basis before and after the exchange, as well as overall tax savings
• The six steps to analyzing an exchange
• How to make an exchange work for all parties
• Essential rules for "delayed" exchanges
• Important regulations that must be complied with

Includes: 2 Audio CDs, 18-page study guide with case studies and answer sheets plus Exchange Worksheet - $59.95