Description
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 that recent tax changes have had on the real estate industry, as well as new credits that are available after the Inflation Reduction Act of 2022.
Required Knowledge: Some experience preparing tax returns involving real estate holdings and transactions
Advanced Preparation: None
Who Should Attend: Accounting and Finance Professionals who advise clients or their company on issues related to the acquisition, operating, and selling of real estate
Objective
* Understand the most commonly used forms of ownership for real estate holdings and the scenario-based advantages and disadvantages of each * Know and be able to apply the key considerations in determinations surrounding depreciation and recapture, like-kind exchanges, and the determination of passive activity losses * Recognize how recent tax legislation impacts commercial real estate * Recognize how recent tax legislation impacts homeowners * Identify components for determining a property's tax basis
Credit Types
- Taxes: 4
Event Speaker(s)
Registration Fees
| Registration | Type | Price |
|---|---|---|
| Surgent: Live Online (4 hours) | Members | $160.00 |
| Surgent: Live Online (4 hours) | Non Members | $320.00 |
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.