COR1943. Real Property Trade or Business Election under 163(j)

Track: 
Tax - Real Estate
Field of Study: 
Taxes
CPE Credit: 
1.0
Knowledge Level: 
Update
Advanced Preparation: 
None
Prerequisite: 

Friday, December 6, 2019
 
12:40pm-1:30pm

A qualifying real property trade or business may elect out of the interest expense limitations of Section 163(j). This class will examine the opportunities, pitfalls, and unanswered questions surrounding the election.
Learning Objectives:

  • Identify those businesses that are real property trades or businesses.
  • Recognize the cost of making the election.
  • Understand the uncertainty surrounding tax shelters and the impact on the election.