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
Upon completion of this webcast, participants will be able to:
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
Non-recognition transactions
Recapture
Capital gains and losses
Provider
AICPA
Course Level
Intermediate
Professional Area of Focus
Tax
CPE Field of Study
Taxes
4
Who Should Attend
Tax Staff and senior associates
Instructor(s)
Dennis Riley
Prerequisites
Basic knowledge of property transactions and taxation