Taxation of Real Estate Partnerships

Tuesday, February 04, 2025
Webcast or Webinar, Online
11:00AM - 6:30 PM (opens at 10:30AM) EST
8Credits

Registration is Open

Members
$299.00 Regular Price
Non-Members
$399.00 Regular Price

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$160.00 Members / $224.00 Non-Members
Course Type: Webcast
Course Code: 24/1127894
Level: Intermediate
Vendor: California CPA Education Foundation
Field of Study: Taxes

Overview:

Taxation specific to the real estate industry is awash with special tax laws that are complex and associated with the real estate industry. The current tax laws and regulations may determine profitability when acquiring and disposing of real property. Special tax laws have been promulgated to mitigate the tax burdens, which in turn may determine returns on investment in real property. Historically, the partnership and, more recently, the limited liability company entities are the most commonly used forms of ownership when acquiring or constructing real property. The seminar explores how partnership taxation using either type of entity applies in many areas of the real estate industry.

Objectives:

• Plan and comply with taxation provisions affecting partnerships, LLCs, and corporations • Recognize opportunities to mitigate tax burdens • Work with clients and associates to structure real estate deals providing a favorable tax status • Understand the tax treatment of cancellation of indebtedness issues • Execute strategies for exiting partners

Designed For:

Accounting and financial professionals in public practice or industry that practice in the real estate industry.

Prerequisites:

General tax knowledge