Course Information

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Tax Issues For Owners of Commercial Property
Author: Sidney Kess and Barbara Weltman

Description:
This course discusses tax rules for owners of commercial property, which covers realty held in a business context—residential and commercial. This course will cover rules that apply to owners, as landlords during their period of ownership. It will also discuss tax rules that apply to sales, exchanges, and foreclosures of commercial property. Upon completing this course, participants will be able to:

  • Cite the types of income includible in a property owner/landlord’s gross income.
  • List the types of deductions and credits to which a property owner/landlord may be entitled.
  • Discuss the tax implications of a sale, exchange, abandonment, or foreclosure of property.

Course Details:
Price:  $37.98
Field of Study:  Taxes
Prerequisites:  Basic understanding of Federal tax law
Level:  Overview
CTEC course number:  1075-CE-7288
Course was last updated on:  04/05/2010
Library:
Learning Center Core

Technical Requirements:
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Credit Available For: Units
CPE 2.00 CPE
CTEC Federal 2.00 CE
Enrolled Agent (Accepted by the IRS) 2.00 CPE
QAS 2.00 CPE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.