Available in:

OnDemand Course
MP3 Download

Tax Options for Developing and Selling Appreciated Land

Learn potential tax strategies to achieve more favorable capital gain treatment in dispositions of appreciated land.

Of paramount importance to any real estate owner or developer is the structuring of their ownership and sale of their properties to minimize taxes, thereby increasing their after-tax investment returns. For those owners, it is critical to obtain favorable capital gain tax treatment upon their dispositions of their properties. The planning for favorable tax treatment begins prior to the purchase of the property when the ownership entity is established and continues throughout the ownership of the property and upon eventual disposition. Accordingly, taxpayers and their advisers must be aware of the nuances in the characterization of the gains as capital gain or ordinary income upon the sale of highly appreciated real estate. With the top ordinary-income rate being nearly double the capital gains rate, the impact can be substantial. There are also plenty of tax traps for the unwary that could be inadvertently triggered, resulting in large unintended tax consequences. Moreover, tax strategies to preserve capital gains need to be fully explored to reduce the overall tax burden. Finally, tax deferral or charitable alternatives can provide many tax planning opportunities outside of the traditional sale or disposition.

57 minutes
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Capital Gain vs. Ordinary Income

  • Real Estate Dealer/Investor
  • Section 1237 Exception
  • Utilizing a Land Banking Strategy to Preserve Capital Gains

Other Tax Considerations

  • Application of Passive Activity Loss Rules
  • Maximizing Depreciation Through Land Improvements
  • Tax Aspects of Debt Financing

Leveraging Partnerships as Vehicles to Develop and Sell Appreciated Property

  • Common Issues in Real Estate Transactions
  • Avoiding Anti-Mixing Bowl and Disguised Sale Rules
  • Carried Interests

Other Tax Planning Opportunities

  • Section 1031 Exchanges
  • Opportunity Zones
  • Charitable Donations Including Conservation Easements
  • Land Sales in Conjunction With the Sale of a Primary Residence
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on June 30, 2022.

Call 1-866-352-9540 for further credit information.

  • CT CLE 0.5
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 0.5 CLE credit(s).
     
  • NC CLE 0.75
     
  • This program has been approved by the North Carolina State Bar Board of Continuing Legal Education for 0.75 CLE hours.
     
  • NH MCLE 0.9
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this Ondemand course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 56 Minutes.
     
  • NV CLE 0.5
     
  • This program has been approved by the Nevada Board of Continuing Legal Education for 0.5 CLE hours.
     
  • RI CLE 1.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
     
  • TN CLE 0.93
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 0.93 hours of credit.
     
  • WI CLE 1.0
     
  • This program qualifies for 1.0 hour(s) of ondemand CLE through the WI Board of Bar Examiners.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.0
     
  • CA MCLE 1.0
     
  • CT CLE 1.0
     
  • HI CLE 1.0
     
  • MO CLE 1.3
     
  • NJ CLE 1.3
     
  • VT CLE 1.0
     
  • WV MCLE 1.3
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Marc Armstrong

Marc Armstrong

Gerber Kawasaki

  • Tax Director
  • Over 20 years of tax experience in both the private and public sectors
  • Author of The Evolution of the California Filing Requirements for Foreign Partnerships, Sept. 1, 2015, California CPA/California Society of Certified Public Accountants and Uncertain Certainty; CA Tax Issues related to Equity Compensation for Mobile Workforce, Dec. 1, 2020, California CPA/California Society of Certified Public Accountants
  • Master’s degree in business taxation, University of Southern California; B.S. degree in accounting; B.S. degree in business with an emphasis in information systems
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 404619
Published 2022
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!