Courses

Surgent's Real Estate Taxation: Critical Considerations Download

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Member Price: $79.00 Non-Member Price: $139.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 4.00
Fields of Study:: Taxes
Level:: Intermediate

This course is a 'deep dive' into many aspects involving the taxation of real estate for the mid-level practitioner moving into this complex area. You will deepen your understanding of the complex considerations and strategies that individuals must navigate in acquiring, operating, and selling real estate. You will leave the course able to navigate critical issues associated with the relevant returns and plan strategically for your company or clients. We will discuss in detail the impact the Tax Cuts and Jobs Act continues to have on the real estate industry, as well as the impact of COVID-19.

Objective

Learn how the Tax Cuts and Jobs Act has directly impacted the real estate industry
Learn how to determine the taxpayer’s basis in the property
Learn how the IRC taxes rental operations
Understand the complex rules of depreciation, bonus depreciation, and Section 179 and how they impact the real estate industry
Learn how to calculate the gain or loss upon the sale of real estate
Understand the passive activity rules
Understand the installment sale rules

Highlights

Coverage of the Inflation Reduction Act of 2022
The impact the Tax Cuts and Jobs Act has had on the real estate industry
Determining the basis when acquiring real estate
Rental operations
Depreciation and recapture
Calculation of gain or loss on sale of real estate
Passive activity losses
Installment sales

Designed For

Accounting and Finance Professionals who advise clients or their company on issues related to the acquisition, operating, and selling of real estate

Prerequisite

Some experience preparing tax returns involving real estate holdings and transactions

Advanced Preparation

None