Crucial Real Estate Insights Part 4: Passive Loss Issues and Dispositions
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 to help you maneuver through the passive activity area, including a deep dive into real estate professionals and short-term rentals. We’ll cover like-kind exchange strategies and minimizing the tax burden of taxable dispositions of real estate.
Publication Date: June 2023
Topics Covered
- Common types of real estate professionals
- Like-kind strategies
- Ordinary income recapture on the sale of real estate
- Important considerations in allocating the sales prices of real estate in a written agreement
Learning Objectives
- Describe common types of real estate professionals
- Recognize and apply like-kind exchange strategies
- Identify how to minimize ordinary income recapture on the sale of real estate
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
