Objective
* Understand the most commonly used forms of ownership for real estate holdings and the scenario-based advantages and disadvantages of each * Be able to analyze the tax-specific considerations relevant to purchase and finance structuring alternatives and determine the most advantageous options * Know and be able to apply the key considerations in determinations surrounding expense versus capitalization, depreciation and recapture, and the determination of passive activity lossesHighlights
* Syndications and other forms of ownership * Installment sales * Acquisitions and leasing * Depreciation and recapture * Land development * Passive activity losses * Expensive vs. capitalization * Tax-free real estate transactions * At-risk rules * Like-kind exchanges * Capital versus ordinary incomeDesigned For
CPAs who do or will advise clients or their company on issues related to the acquisition, holding, management, and disposition of real estatePrerequisite
Some experience preparing tax returns involving real estate holdings and transactionsAdvanced Preparation
None