Whether you are a tax or a real estate professional, this course will greatly improve your on-the-job performance.

You will learn how to deduct depreciation and add back selling expenses to compute your adjusted basis. Learn about depreciation recapture and the role it plays in calculating your gain or loss. The video explains the tax rates applied to different portions of your gain on rental property.

What will you learn in this course?

• Learn what is meant by adjusted basis and how it is calculated when selling real estate.
• Learn what is meant by depreciation recapture or an unrecaptured Section 1250 gain and how it is calculated
• Learn how to calculate the long-term capital gain portion of the sale.
• Learn about the taxation of installment sales.

 Review a practical application by seeing how the gain or loss is entered in tax software. You will have quizzes for your learning benefit after each of the three lectures and an exam at the end of the course to test your learning.

The video CPA's targeted tax training also offers personal and group coaching as a supplement to its lessons. coaching helps you learn more quickly and completely to prepare income taxes or increase your service as a real estate professional. Few other schools offering a coaching alternative. Coaching and our video approach distinguish our school from the others and make our classes more interesting and valuable. A student can complete our courses with or without coaching, but we believe that being able to interact with a tax professional during a course or after taking a course is an invaluable learning experience. There is an additional fee for this product but we hope you agree that it is worth it.