2008 Real Estate TaxationDates Offered: Course Level: Intermediate CPE Credits: 16 Price: $300 for Members and $360 for Nonmembers Prerequisite: Basic understanding of Form 1040 or NATP's Introduction to Tax Preparation course. Course Description: Understanding these concepts will allow the tax professional to better serve real estate clients. Objectives Upon completion of this facilitated online course, you will be able to: - Understand the tax aspects of acquiring, owning, and disposing of personal residential, rental, investment, and trade or business real property.
- Learn which expenses are deductible or nondeductible, and which must be capitalized, when property is purchased, refinanced, or developed.
- Identify deductible rental expenses and tax credits available to property owners.
- See how the passive activity rules limit rental losses.
- Discover how exchanges, installment sales, and private annuity trusts can defer taxation of gain.
- Understand the tax effects of casualty losses, condemnations, divorce and repossessions.
This course comes with a downloadable electronic textbook. If you would like to purchase a printed textbook for this course, the book will be available for sale for $50 for members and $80 for nonmembers (half the regular price). Once you are registered for the course, you can call Member Services at 800.558.3402, ext. 3 to purchase the book at this special price.
Return to Facilitated Online Menu |