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
Professional Area of Focus
Tax
CPE Field of Study
Taxes
4.0
Who Should Attend
Tax staff and senior associates
Instructor(s)
William Harden
Prerequisites
Basic knowledge of property transactions and taxation