Don Farmer Tax Education: Tax Strategies for Real Estate - Maximizing Benefits With Key Planning Moves

OL1541  |  On Demand Course  |  Update  |  Self-Study

Description

Join seasoned CPA and instructor Greg White for part one of two half-day seminars as he unpacks the latest tax rules and smart planning moves that can make a big difference for your clients. We'll take a deep dive into hot topics like like-kind exchanges, bonus depreciation and 179 updates from the TCJA and CARES Acts, and how the 20% QBID applies to real estate deals. You'll also pick up practical tips for maximizing tax benefits on property sales and purchases and learn how to tap into the perks of a cost segregation study, without the hefty price tag. Walk away with the up-to-date knowledge and confidence you need to give your real estate clients real value.

Credits

Number of Credits Type of Credits
4.00 Taxes

Designed For

CPAs and tax professionals involved in the world of tax.

Prerequisites

An understanding of federal income taxation of real estate transactions.

Highlights

  • Writing off removal costs when real estate is improved.
  • Maximizing the new 20% qualified business income deduction for real estate rental property.
  • Allocating purchase price in the most advantageous manner and reducing the likelihood of disagreement with the IRS.
  • The new bonus depreciation rules for real property (updated for TCJA).
  • The revised 179 expense rules for real property (updated for TCJA).
  • Taking partial disposition losses when real estate is improved.
  • Reducing the effects of the net investment income tax on real estate.
  • Minimizing the effects of the passive loss rules.
  • Getting maximum benefit from personal property and land improvements.
  • Using the qualifying business income deduction for real estate developers, contractors and subcontractors.

Objectives

  • Identify the best depreciation method for real estate improvements, including Tax Cuts and Jobs Act and CARES Act changes.
  • Recognize the best way to maximize the 199A deduction in the real estate rental area.
  • Identify and apply the new rules for de minimis expensing updated for changes in the Tax Cuts and Jobs Act.
  • Recognize and apply changes made to interest deductibility area. Should some real estate owners "elect out" even though their gross receipts are significantly below $28 million?
  • Identify cutting-edge tax strategies for real estate professionals.

Prices

Member (Early Bird)
$159.00
Non-Member (Early Bird)
$219.00
Member
$159.00
Non-Member
$219.00
Your Price: $219.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations.

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Instructors

George J. Koutelieris, CPA, MS-Tax

George J. Koutelieris, CPA, MS-Tax, has practiced tax accounting for more than 24 years. He is the managing shareholder of the CPA firm Johnson & Shute, P.S. in Bellevue, Washington. George is a frequent lecturer for organizations providing professional education to other tax CPAs and has written and presented live courses and webinars for the last 10 years. Because of his understanding of tax law and ability to make it understandable, George is someone other CPAs turn to when they have difficult tax questions.

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Greg White, CPA

Greg White, CPA, has practiced tax for more than 40 years. He is founder of the CPA firm WGN, P.S. in Seattle, Washington. Greg served as an Adjunct Professor at the Golden Gate University's Seattle Campus over a 14-year period. He is licensed to practice in U.S. Tax Court and has argued cases before the Tax Court. He has been named a "Top 50" IRS Practitioner by CPA Magazine.

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