Crucial Real Estate Insights Part 2:Partial Dispositions,Removal Costs,& Maximizing Interest Expense
Author: Greg White
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Join Greg White, CPA, as he covers crucial strategies for recovering the cost of real estate including partial dispositions and removal costs. He’ll also cover an efficient method for distinguishing between repairs and capitalizable expenditures. Additionally, he’ll cover the role of the tax preparer in like-kind exchanges. Finally, he’ll cover a method to convert nondeductible interest expense into deductible interest expense.
Publication Date: June 2023
Designed For
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Topics Covered
- Partial disposition losses
- Deducting removal costs
- Depreciating property acquired in a like-kind exchange
- Converting nondeductible interest expense into deductible interest expense
Learning Objectives
- Identify method to convert nondeductible interest into deductible interest expense
- Recognize how to compute partial disposition losses
- Recognize how to compute depreciation for property acquired in a like-kind exchange
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
