ACPEN Signature 2025: Critical Real Estate Taxation Issues

Overview

Most tax practitioners have multiple clients involved in some aspect of real estate whether as developers, builders, brokers or investors.  This course will explore critical tax issues directly targeted at real estate activities and real estate entities. This ACPEN course will include a panel of national tax practitioners and experts reviewing these complex rules as well as the latest judicial, legislative and regulatory developments affecting real estate including pending tax legislation.

*Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

 

Objectives

• Focus on providing practical ideas and advice to practitioners so that they can properly advise their real estate client and spot planning opportunities
• Review major areas of real estate taxation and IRS guidance
• Understand the latest legislation and any IRS initiatives affecting real estate taxation.

Highlights

• The importance of correctly classifying property as capital gains property, inventory real estate, development real estate and real estate used in trade or business and applicable cost recovery recapture rules
• Preserving capital gains treatment for pre-development appreciation with a related party lot developer
• Cost Segregation Studies for Real Estate and their Tax Consequences
• Qualified Nonrecourse Debt under the At-Risk Rules
• Distinguishing repairs from improvements and the tax consequences of the difference
• Tax consequences of renting real estate
• Common issues in Ground Leases, Percentage Leases and Net Leases
• Classification as a Real Estate Professional under the PAL Rules and Interaction with the Rental Real Estate Rules and the Aggregation Election for rental real estate
• Review of current actions by Congress and the IRS affecting real estate.