Tax Issues in Real Estate Practice

Professors Marshall Tracht and Jeffrey Golkin

This course provides an intensive one-semester survey of major topics in the taxation of real estate, including basis calculations, cost recovery and gain on sale, development expenditures and capitalization rules, taxation of leasehold transactions, tax certiorari practice, 1031exchanges, at risk and passive activity loss rules. Federal Income Taxation of Individuals and Real Estate Transactions & Finance are prerequisites. This is a required course for the LL.M. degree in Real Estate, but also provides an overview of real estate tax for J.D. students.
 

Prequisites: Federal Income Taxation of Individuals and Real Estate Transactions & Finance