Date: May 3, 2023
Time: 8 a.m. – 3:30 p.m. PT
Examine significant real estate tax issues and concepts, including planning and compliance topics emphasizing tax elimination or deferral. Discuss the qualified business income deduction (Sec. 199A) as it relates to real estate investments; limited discussion of opportunity zones (Sec. 1400Z-2) relating to real estate; 1031 exchanges; home sale exclusion (IRC Sec. 121); passive activities loss rules; estate planning and gifting with real estate; and California property tax issues, updated for passage of Proposition 19 affecting parent-child transfers and transfer of assessments to a new principal residence.
CPAs, CFPs, enrolled agents and attorneys.
Basic knowledge of real estate or tax preparation.
Identify crucial real estate tax and nontax issues
Determine essential techniques for deferral, reduction or elimination of taxes related to real estate acquisition, operations or disposition
Identify critical tax return disclosures, concepts and procedures