Real Estate Partnership Taxation Self-Study Webinar (10 Hours)


The partnership is the most popular entity for holding, managing and constructing real estate. In a unique approach that "fills in the gaps" for both novices and experienced practitioners, this self-study webinar explores how partnership taxation applies in the real estate arena. You will receive expert guidance on various areas of interest, including:

  • Recent tax legislation and regulations impacting real estate partnerships
  • Calculation of operating income
  • How tax laws apply to lease transactions
  • Computation of basis in real estate partnerships and liabilities

To give practitioners the technical skills to service real estate partnerships. You will gain a deeper understanding of the business of real estate formation, finance and operation. You'll be able to identify relevant tax issues and plan aggressively for your company or clients.

  • Forms of ownership & benefits of each
  • Partnership accounting methods
  • Applicability of Section 467
  • Treatment of lease acquisition costs and lease cancellation payments
  • Latest rules for depreciation
  • Business interest
  • Contributions to partnerships & disguised sales
  • §752 Regulations
  • Basis adjustments: Sections 743, 734 & 754
  • Overview of section 704(B)
  • Special allocations—contributed assets
  • Section 1031—like-kind exchanges
  • Involuntary conversions
  • Charitable contributions of property
  • Foreclosures & debt restructuring

• Recognize factors considered when selecting the type of entity for an organization

• Identify how a partnership is taxed

• Recognize the type of entity subject to double taxation

• Identify the preferred type of entity for real estate companies

• Identify individual vs. aggregate partnership taxation concepts

• Identify the allowable methods of accounting for partnerships

• Recognize the definition of a tax shelter

• Identify characteristics of a disguised sale

• Recognize the circumstances in which a partner would recognize a gain upon the contribution of property in exchange for partnership interest where the contributed property has liabilities attached

• Identify the factors considered when determining a partner’s basis in their partnership interest

• Identify the concept of allocation of recourse debt

• Recognize the definition of nonrecourse liabilities

• Identify the regulations in Section 752, Section 704(b), Section 704 (c), Section 754, Section 163(j), Section 467, Section 1061, Section 1031 and Section 108.

• Recognize the circumstances in which a qualified income offset applies

• Identify how advanced rent payments and bonus rent payments are recognized by a real estate partnership

• Recognize the period in which nonresidential and residential real property is depreciated over

• Recognize when tenant security deposits are recognized as income

• Identify acceptable types of qualified intermediaries

• Recognize the definition of involuntary conversions

• Recognize examples of when foreclosure can occur

• Recognize the characteristics of a recourse mortgage

• Identify the characteristics of insolvency


Partnership Taxation: Level I or equivalent.


No advance preparation required.

Level of Knowledge: 


CPE Credit: 
NASBA Field of Study: