Gain a comprehensive and practical understanding of the various complex tax laws dealing with property transactions from acquisition to disposition. This course provides analysis of the rules dealing with depreciation, amortization, like-kind exchanges, involuntary conversions and sale of property. It also covers important property-related timing issues and planning opportunities that can lead to significant tax savings for C Corporations and S Corporations. TOPICS DISCUSSED • Capital improvements and repair • Adjusted tax basis • Tax depreciation and amortization • First year expensing-IRC section 179 • Depreciation methods • Form 3115, change in accounting method