Real Estate Tax

Catalog description

This course presents the tax skills necessary to make business, and personal, decisions as it pertains to real estate ventures. Emphasis is placed on such areas as acquiring ownership of real property, the various entity structures that a real estate venture can create, and the operational rules surrounding a real estate venture, including the sale and/or exchange of real estate. In addition, securitized real estate investments, such as limited/master limited partnerships and real estate investment trusts (REITS), will be introduced in the later part of the course. Practical application of the tax law will be emphasized with proper consideration placed on the historical, economic, and political perspectives of the Internal Revenue Code (IRC).