Real Estate Tax Update

This program addresses the recent changes imposed by recent tax legislation that real estate owners and investors need to know, including Section 199A, the new Section 163(j) interest expense limits and the opportunity to elect out. An introduction to opportunity zones and other important issues will also be addressed.

Learning Objectives

To provide a review and update of recent tax legislation affecting real estate tax owners and investors.

Major Topics

Section 179 for qualified real property
Section 179 for nonresidential roofs, HVAC fire protection, and security systems
Section 163(j) interest expense limitation, including electing out and ADS depreciation
Introduction to opportunity zones
Recent tax updates resulting from TCJA

CPE Credits Available

Total CPE

4: Taxes

Things to Know About This Course

Course Level

Intermediate

Prerequisites

A basis working knowledge of real estate tax

Advanced Preparation

None

Intended Audience

CPAs in public practice and industry seeking an update on the latest tax developments affecting the real estate owners and investors

March 23, 2023