- NY Credits : 3.0
- TX Credits : 3.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 3.0
Most practitioners have clients that own or operate real estate, from a single rental house to several rental houses, an office building, or a shopping center. Inevitably, practitioners will encounter clients that acquire or inherit real property, and they will be faced with the tax problems that occur when real property is operated and ultimately disposed of in one form or another. This course explains the tax rules for acquiring and operating commercial properties, such as apartments, office buildings, and shopping centers. Other courses offered in this series include: Real Estate Taxation-Financing Real Property Purchases and Holding Raw Land; Real Estate Taxation-Acquiring and Operating Rental Houses; Real Estate Taxation-Limitations on Deducting Losses; and Real Estate Taxation-Sales and Other Dispositions.
This course is most appropriate for the professional with detailed knowledge in commercial property ownership who may be at a mid-level position within an organization with operational or supervisory responsibilities, or both. The final exam for this course includes hands-on, scenario-based questions that may require extensive calculations.
Upon successful completion of this course, the user should be able to:
identify the tax rules for owning and operating commercial properties, such as apartments, office buildings, and shopping centers.