Real Estate Tax Roundup (RETR)

Robert Lickwar, CPA, Lance Weiss, CPA, CVA, Brian J. O’Sullivan, CPA, CVA, Michael J. Tucker, CPA, LL.M. (moderator)
  • 3
  • Intermediate
  • Taxes

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Overview

Real estate issues generally impact many individuals, from those who own their own home and deduct their mortgage interest to more sophisticated investors with substantial real estate investments who are potentially impacted by rules dealing with like-kind exchange, involuntary conversions and passive activity loss limits related to real estate losses. This program covers a spectrum of tax-related issues that many general tax practitioners may encounter in advising their individual and business clients. 

Major Topics:

  • Sale of residence: when gain on sale can be excluded
  • Taxes, mortgage interest, points, other property expenses
  • Like kind exchanges and involuntary conversions
  • Rental income and expenses
  • Passive activity losses and real estate professionals
  • New forms for real estate closings
  • Installment sales of real estate

Learning Objectives

Understand the tax rules relating to real estate

Any tax practitioner who wishes to understand the tax rules relating to real estate 

Experience with handling basic individual income tax transactions 

None

Yes

Yes

Varies by state. Click here for details