A discussion of recent law changes that impact capitalization, depreciation, and disposition of assets. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation, you will be able to...
- Implement practical strategies based on a thorough understanding of the complex rules for retirement distributions
- Implement practical strategies in determining a partner’s tax basis for a partnership interest
- Identify the use of Form 1065, Schedule K-1 information for basis determination.
Major Topics
The major topics that will be covered in this course include:
- Property distributions in liquidation of a partner’s interest
- Section 751 and its impact on property distributions from a partnership
- Mechanics of completing Form 7217 – new for 2024
- The Section 754 election and its role in partnership property distributions