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
Leader(s):
Leader Bios
Greg White, Washington Society of CPAs
Greg White is an Adjunct Professor for Golden Gate University. He is admitted to practice before the United States Tax Court. He founded White, Thompson, Noland & Gibb, PS, and he was named a “Top 50 IRS Representation Practitioners in U.S.” by CPA Magazine.
Non-Member Price $120.00
Member Price $100.00