State of the Art Tax Strategies for Purchases and Sales of Property Part 1

Overview

Join expert, Greg White, CPA, as he covers important tax planning ideas for property purchase and sales. We’ll cover key concepts like increasing tax deductions on the purchase of property and sale of property.

Highlights

General overview of sale and purchase of assets. Partial dispositions. Distinguishing between repairs and capitalizable improvements for real property. Allocating the purchase price in purchases of real estate and stock. Maximizing the de minimis rule in remodels. Increasing Federal tax deductions on the purchase of property. Decreasing Federal tax on the sale of property.

Prerequisites

None

Designed For

New and experienced practitioners.

Objectives

Compute the tax loss on a partial disposition. Identify tax rates that can apply to sales of property. Identify advantages and disadvantages of written allocation agreements. Identify strategies to increase tax deductions on the purchase of property.

Notice

Approved for EA Credits