Webinar: Taking Advantage of Installment Sales
WS236 | Course | Intermediate | Scheduled
Description
When real property is sold for a gain, we always try to find ways to defer recognizing income so that it won't be necessary to send a check to Uncle S
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
Accounting and Finance Professionals who either represent or work for entities that own real property
Prerequisites
A basic knowledge of the provisions for recognizing gain or loss on the sale of real property
Highlights
- How does the IRC define an installment sale under IRC Sec 453?
- When can a taxpayer utilize the provisions of IRC Sec 453?
- When should a taxpayer utilize the provisions of an installment sale and when should it be avoided?
- How does the issue of a “dealer” vs. a “non-dealer” impact the use of the installment sale method?
- Reporting an installment sale when related parties are involved
- Calculating an installment sale
- How has the Tax Cuts and Jobs Act impacted the use of the installment sale method?
Objectives
- Utilize the provisions of IRC Sec 453 to defer recognizing gain on the sale of real property via an installment sale
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $99.00
- Non-Member (Early Bird)
- $99.00
- Member
- $99.00
- Non-Member
- $99.00