Webcast: Real Estate Tax Boot Camp
Online/Webcast
8.00 Credits
Member Price $359.00
Price will increase by $50 after 11/4
Non-Member Price $459.00
Price will increase by $50 after 11/4
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.
Highlights
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
Prerequisites
None
Designed For
Accounting and Financial Professionals who advise clients or their company on issues related to the acquisition, holding, management, and disposition of real estate
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
Preparation
None
Leader(s):
Leader Bios
Joseph Nicola Jr, Surgent Accounting & Financial Education
Joe Nicola is a Tax Partner with more than thirty-five years of experience in public accounting. Joe has experience in many diverse areas of taxation, including the taxation of and planning for individuals, family offices, and various forms of business entities, such as corporations, partnerships, and limited liability companies. Joe is particularly experienced in federal and multi-state tax matters that affect numerous industries and niches, including private equity, investments, natural resources, manufacturing, distribution, high technology, securities, and start-up businesses. He has consulted on technically complex matters, such as retirement planning, succession planning in the context of a family office, securities, partnership and corporate reorganizations and liquidations, and international tax matters. While in public practice, Joe also served for many years as an adjunct member of the faculty with Duquesne University’s MBA and Master of Science in Taxation/Accountancy programs, as well as with Robert Morris University’s Master of Taxation program. His course load included Corporate Taxation, Advanced Corporate Taxation, Reorganizations (Mergers and Acquisitions), Taxes as a Basis of Managerial Decisions, and Taxation of Derivatives. He is also a published author of CPE/CLE texts and industry articles, and a frequent professional speaker. Mr. Nicola received his BS degree in Business Administration from Robert Morris University and his JD degree from the University of Pittsburgh School of Law.
Non-Member Price $459.00
Member Price $359.00