Session 1 - Tax Strategies for Real Estate: Crucial Insights (Part 1): Acquisition and Depreciation Strategies
The recent Tax reforms made a tremendous impact on commercial real estate, including liberalizing the depreciation provisions. This webinar will take an in-depth look at the current rules that tax practitioners will need to advise their clients on and will include a number of illustrative examples on bonus depreciation, construction, and improvement property scenarios. This CPE webinar will also offer real estate counsel thorough knowledge of the new depreciation rules enacted under the recent tax reform law and explain how the acquisition and improvement of real estate can be structured to take full advantage of tax depreciation.
Highlights of the webinar:
Purchasing real estate
Written allocation provisions
Apportioning the purchase price to land and improvements
How to break out the purchase price apportioned to improvements into its components: Building, land improvements, and personal property.
Purchasing interests in a qualified opportunity fund.
Which depreciation method works best for different types of properties?
Session 2 - Tax Strategies for Real Estate: Crucial Insights (Part 2)
The recent Tax reforms made a tremendous impact on commercial real estate. In this webinar, the presenter goes over the crucial provisions that directly and indirectly affect real estate and impacts the taxes significantly. The webinar covers an in-depth discussion on the current rules and practical applications and considerations related to the following key topics such as repairs, capital improvements, and interest deductions etc. The speaker takes the position of the tax and covers practical examples to explain the scenarios that successfully provide the overview of when to apply the discussed strategies successfully.
This webinar will cover the following Major Topics:
Crucial strategies for recovering the cost of real estate
Partial dispositions
Removal costs
Interest deductions
Differentiate between repairs and capital improvements.
Session 3 - Crucial Insights for Real Estate: Part 3
The recent Tax reforms made a significant impact on commercial real estate. In this webinar, the presenter discusses crucial insights to efficiently save taxes in real estate income transactions. The speaker will refer to major and crucial tax provisions like Qualified Business income deduction. The webinar will take into account strategies discussed for various business entities like a partnership, LLC, and an S corporation etc. This will cover strategies for rental, development, redevelopment, reconstruction, construction, acquisition, conversion, operation, management, leasing, and brokerage businesses for the following topics.
This webinar will cover the following Key Topics:
Crucial strategies for maximizing the QBID for real estate
QBID treatment of rental real estate generally
QBID treatment of rental real estate for triple net lease property
How to maximizing UBIA (the “property” factor), and aggregation of rental properties
Session 4 - Crucial Insights for Real Estate: Part 4
The recent law changes have brought several important changes that owners of real estate properties are required to understand. In this webinar, the speaker will cover key provisions providing crucial insights for saving taxes in real estate income.
The new tax law includes several expanded breaks for real estate owners and one important negative change. How to apply the changes in real-world situations isn’t always clear based solely on the language of the law. The presenter helps with examples and explanations as to how tax benefits are provided and it can be taken benefits from.
This webinar will take a deep dive into the following key Subjects:
The special tax considerations for real estate professionals
Like-kind exchanges
Dispositions of real property
Learning Objectives
To explore the mechanics of apportioning purchase price as part of a purchase and sales agreement.
To compute the allocation of purchase price to land, building, land improvements and personal property.
To explore strategies for converting nondeductible partner-level interest expense to partnership deductible interest expense.
To explore various strategies related to repairs and capital improvements
To recognize circumstances where the “safe harbor” for rental real estate may be beneficial to your clients.
MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary
MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.
Certified Public Accountant (CPA), State of the Art Tax LLC
Greg has been providing services in accounting and tax matters with a focus on seafood and maritime industries for over 30 years. He specializes in tax planning, compliance, US Tax Court litigation, and representation of taxpayers before the Internal Revenue Service. He has provided expert witness testimony in many cases, and has served both as a Court Appointed Receiver and Court Appointed Special Master.
Greg is an Adjunct Professor with the Golden Gate University School of Taxation in Seattle and lecturers frequently for organizations providing professional education to other tax CPAs. He is a member of the American Society of Certified Public Accountants, and the Washington State Society of Certified Public Accountants.
About Company
State of the Art Tax LLC
State of the Art Tax LLC provides educational services to tax professionals. It offers a wide variety of topics including tax planning, S corporations, real estate, partnerships, choice of entity, and accounting methods.
FAQ
To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
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Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.
Refund/Cancellation Policy
For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
In case any of the course or live webinars gets cancelled we would be refunding you the entire amount (if paid).
It is very easy for a webinar to get boring when it is 8 hours long. Thankfully this isn't one of them. The topics covered were explained very well and in a way that it was easy to understand. Overall a good webinar.
CF
Carol Fleming, EA
Jan 20th, 2021
The truckload of information can be very difficult to digest unless participants are prepared with some basic information about the subject. I learned a lot. Will have to allot more time post-webinar to practically use it.
DF
Don Fallenbaum, ABV, CFF, CPA
Dec 24th, 2020
I have attended a number of webinars on MyCPE. My experiences have improved with each passing webinar. The platform does an excellent job in the selection of presenters, webinar content, and maintaining the technical side. Good job myCPE.
MB
Michele Bebbington, CPA
Dec 24th, 2020
This was a long class, 8 hours, but very well thought out and executed.
MD
Michael Dong, EA
Feb 6th, 2021
The presentation was rich on the subject matter. The pace of the webinar was perfect. I was able to learn much more than I thought I would (me being a slow learner). It never felt slow or boring. I recommend it.
