Cutting Edge Tax Strategies for Real Estate - Webcast

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Nov 1, 2022

Registration: 7:30 AM / Program: 8:00 AM - 4:00 PM Pacific Time

Fees

Member Fee: $0.00
Nonmember Fee: $0.00

Available Discounts

AICPA Member: None
Full time Accounting Educator: None

Description

We'll cover essential real estate planning ideas and practical tax tools. The topics will span the life cycle of real estate, such as: strategies for purchasing real estate (including allocating the purchase price to land, building, land improvements and personal property), operating real estate (including applicability of the section 199A QBID to rental real estate), real estate professionals (including when to elect to aggregate rental properties), using debt-financed distributions to convert nondeductible interest to deductible interest expense, maximizing depreciation deductions, and disposing of real estate, including allocating the purchase price to reduce taxes and minimizing recapture income. We'll also cover how to utilize §1031 exchange to make a tax-free exchange into a future vacation home. And comparing the advantages of a §1031 exchange vs. an investment in a qualified opportunity fund.

Designed For

All CPAs, EAs, and other tax professionals as well as tax staff who work with real estate transactions and related tax issues.

Objectives

Learn state of the art tax strategies for real estate, including new strategies available under the Tax Cuts and Jobs Act.

Major Subjects

  • Determine the best depreciation method for real estate improvements, including Tax Cuts and Jobs Act and CARES Act changes 
  • Maximize the §199A deduction in the real estate rental area
  • Allocate the purchase price of real estate to land, building, land improvements, and personal property
  • Apply the new rules for de minimis expensing updated for changes in the Tax Cuts and Jobs Act
  • Apply changes made to interest deductibility area
  • Should some real estate owners "elect out" even though their gross receipts are significantly below $26 million?
  • Self-employment taxes and rental real estate
  • Picking the right type of entity to own real estate 
  • Identify cutting-edge tax strategies for real estate professionals
  • Minimizing tax on the sale of real estate

Did you know? The OSCPA member rate for CPE courses is extended to all OSCPA members and their employees who are not eligible for OSCPA membership. Members of other state CPA societies are also eligible for member rates.

After adding the course(s) to your cart, click "Apply Discounts" and select either "This person is an uncertified staff of an OSCPA member" or "This person is a member of another state CPA society."

If you would like to register for this event, please contact OSCPA at 800-255-1470, 503-641-7200, or email profdev@orcpa.org.


Leaders

Gregory White

Greg White, CPA-WA, has practiced tax accounting for more than 35 years. He is founder, shareholder, and President of CPA firm WGN, P.S. in Seattle, Washington, which serves a successful entrepreneurial client base. He also owns and operates State of the Art Tax, LLC, a tax education company. Greg is in his tenth year as an adjunct professor at the Golden Gate University's Seattle Campus where he teaches capital assets, tax accounting, and individual taxation. Greg is licensed to practice in and has argued cases before the U.S. Tax Court. He has been named "Top 50" IRS Practitioner by CPA Magazine.

Greg has extensively presented tax CPE, predominantly on the west coast, over the last decade and has written and presented live courses and webinars for CCH and others nationally. He has presented tax topics in the Pacific Northwest on TV including spots on KOMO TV, King TV, and Northwest Cable News. He is frequently in contact with Treasury, IRS, and other top government officials in Washington, D.C. as to late breaking guidance from the government and has been involved in making recommendations to them to help practically shape federal tax legislation and administrative guidance.

(11/2/20)