Join Greg White, CPA, as he walks through strategies for purchasing real estate, including written allocation provisions, apportioning the purchase price to land and improvements. We’ll also discuss how to break out the purchase price apportioned to improvements into its components: Building, land improvements and personal property. We’ll cover financing considerations, including whether to elect out of section 163(j); both the costs and the benefits.
Instructional MethodGroup: Internet-based
NASBA Field of Study
Taxes (2 hours)