The Real Estate Tax Guide self-study CPE 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.
Learning Objectives
Upon successful completion of this course, participants will be able to:
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.
Major Topics
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
