Cutting Edge Tax Strategies for Real Estate – Webcast 2021 | Oregon Society of CPAs | 11 November 2021 | Online Event

We’ll cover essential real estate planning ideas and practical tax tools. The topics will span the life cycle of real estate, such as: strategies for purchasing real estate (including allocating the purchase price to land, building, land improvements and personal property), operating real estate (including applicability of the section 199A QBID to rental real estate), real estate professionals (including when to elect to aggregate rental properties), using debt-financed distributions to convert nondeductible interest to deductible interest expense, maximizing depreciation deductions, and disposing of real estate, including allocating the purchase price to reduce taxes and minimizing recapture income.

Major Subjects:
• Determine the best depreciation method for real estate improvements, including Tax Cuts and Jobs Act and CARES Act changes
• Maximize the §199A deduction in the real estate rental area
• Allocate the purchase price of real estate to land, building, land improvements, and personal property
• Apply the new rules for de minimis expensing updated for changes in the Tax Cuts and Jobs Act
• Apply changes made to interest deductibility area
• Should some real estate owners “elect out” even though their gross receipts are significantly below $26 million?
• Self-employment taxes and rental real estate
• Picking the right type of entity to own real estate
• Identify cutting-edge tax strategies for real estate professionals
• Minimizing tax on the sale of real estate