Real Estate Tax Strategies (Parts I & II)

Course is given as two independant sessions each for 3.75 hours of Continuing Education

Cost:  $50 (for each session)  
 

CLICK HERE for additional ONLINE information on this topic. Select Hondros and/or Dearborn

Course Objectives

This course on taxation of real estate gives the real estate professional a deep and varied background into both the everyday basics and sophoisticated strategies. Areas of everyday real estate taxation relating to coops, condos and homes will help the professional in his regular practice. Also covered are important and more complex strategies relating to transactional tax results for the sale of homes, section 1031 like-kind exchanges, casualty and involuntary conversions and death and estate tax distribution and sales issues.

Course Highlights

I   Basics of income taxation 

General real estate deductions
Mortgage interest, first, equity lines, equity loans
Points original purchase, refinancing, deductibility
Depreciation
Concept of adjusted basis for gain or loss computations
Rental income and deductions

II  Cooperative, Condominium Housing Operating Tax Issues

Cooperative apartment tax benefits
Board packages and buyers tax characteristics

III Real estate transactions, Personal residences, coops, condos houses
Gain on sale of a property
Adjusted basis, cost of purchase price
Improvements, verses repairs
Net proceeds on sale
NYC, NYS, mansion transfer taxes
Computation of gains or losses
Taxation of gains or losses

 

IV Nonresidential real estate transactions
Section 1031 like kind exchanges

 

Who is the instructor?

Steve Goldberg is a hands on tax attorney with his own practice for over twenty years. He comes across and executes many strategies with his clients. He consults for accountants, attorneys, and real estate professionals. He is an adjunct professor at Baruch College where he teaches income tax courses for graduate and undergraduates in the accounting and real estate departments. His students enjoy his real life examples regarding tax, legal, real estate and investment strategies. Students give him praise for his straight forward and plain English presentations where he breaks down complex strategies into easily understandable concepts. He is a graduate of New York University Law School and has taught numerous courses for NYU.


 

 

Where do I take this course?

New York Real Estate Institute
139 West 35th, 2nd floor
New York, NY 10018
see map

          PLEASE CHECK SCHEDULE SINCE COURSE IS ALSO OFFERED IN WESTCHESTER