Gain a practical understanding of the various complex tax laws dealing
with sale, disposal, or exchange of property. This course includes
analyses of the rules dealing with like-kind exchanges, and includes
involuntary conversions. It also covers important property-related
timing issues and planning opportunities that can lead to significant
tax savings.
Learning Objectives
Apply proper treatment of involuntary conversions Explain the deferral of realized gain or loss on a like-kind property exchange Determine the amount of gain or loss on the sale of property Determine the character of recognized gain or loss on the disposition of business property Implement comprehensive property tax strategies to minimize taxes
Major Topics
IRC sections 1231, 1245,1250 Depreciation Recapture Capital gains and losses Non-recognition transactions
Provider
AICPA
Course Level
Intermediate
CPE Field of Study
Taxes
4
Instructor(s)
Dennis Riley
Prerequisites
Basic knowledge of property transactions and taxation