Real Estate Tax Guide ON DEMAND
Available Until
Your Desk
2.0 Credits
Member Price $290.00
Non-Member Price $334.00
Overview
This course is meticulously designed to arm real estate professionals with an in-depth understanding of the tax regulations affecting the real estate industry. Through this real estate accounting course, participants will gain insights into the original basis of property, the tax impact of mortgage financing, and the intricacies of landlord and tenant transactions, among other key areas. The real estate taxation course not only covers the essentials of real estate tax but also delves into specialized topics such as passive activity losses, MACRS classification, and the benefits of installment sales reporting. With this comprehensive real estate taxation guide, real estate professionals will be better equipped to optimize their tax strategies, navigate complex transactions with ease, and identify opportunities for tax savings. Ultimately, this CPE real estate tax course offers the tools needed to enhance profitability and make strategic decisions in the dynamic world of real estate.
Highlights
Accounting methods. Tax impact of real estate acquisitions. Tax impact of rental and leasing agreements. Landlord and tenant transactions. Foreclosures. Sale of real estate. Tax management strategies.
Prerequisites
None.
Designed For
CPAs, EAs, and other tax professionals.
Objectives
Recognize when the percentage of completion method should be used for tax purposes. Identify what to include in the original basis of a property. Specify the tax impact of various mortgage financing situations. Recognize the risks associated with a sale and leaseback transaction. State the tax treatment of various operating expenses for real estate. Specify the property types included in each MACRS classification. Identify the material participation tests associated with the passive activity loss rules. Recognize the tax issues associated with dealer property. Specify the benefits of installment sales reporting. Identify the deductible loss calculation for when a business is destroyed.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $334.00
Member Price $290.00