Surgent's Real Estate Tax Boot Camp
Available Anytime
Location:
Online
8Credits
Technical Business
Registration is Open
FICPA Members
Nonmembers
$215.00 Regular Price
Product Code: SU24-RETC-SSDL
Level: Intermediate
Vendor: Surgent
Field of Study: Taxes
Overview:
This course is a `deep dive' into all things real estate tax-related 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, holding, managing, constructing, and disposing of 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 of recent tax legislation, as well as historically difficult areas of the law like passive activity and at-risk rules.Objectives:
- Learn how to determine the taxpayer’s basis in the property
- Learn the rules of real estate development
- Learn how the IRC taxes rental operations
- Learn how to calculate gain or loss on the sale of real estate
- Understand the complex rules of depreciation, bonus depreciation, and Section 179
- Understand when a taxpayer can take advantage of the QBI deduction under Section 199A related to rental real estate
- Understand the at-risk rules
- Understand the passive activity rules
- Understand the like-kind exchange rules
Major Topics:
- Coverage of recent tax legislation pertaining to real estate
- Installment sales
- Rental operations
- Depreciation and recapture
- Determination of basis
- Passive activity losses
- At-risk rules
- The qualified business income (QBI) deduction as it relates to rental real estate
- Like-kind exchanges
- Calculation of gain or loss on sale of real estate
Designed For:
Accounting and Financial Professionals who 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 transactionsAdditional Info:
You will receive an email from [email protected] with instructions on how to log onto your course shortly. If you do not receive the email within the hour, please check your spam filter.
For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.