Fall 2012
5261 Real Estate Tax - KROLL- 34488

Professor(s): Daniel H.  Kroll (ADJUNCT)

Credits: 2

Course Areas: Taxation 

Time: 7:30p-9:30p  WLocation: 215  TU2

Course Outline: This course will cover many aspects of federal income tax issues related to real estate acquisition, operation and disposition. Particular emphasis will be placed on capitalization and cost recovery, and the effects of mortgages on basis, amount realized and cancellation of indebtedness. We will also cover choice of entity for all aspects of real estate operations, dealer gain issues, like kind exchanges, leasing issues and installment sales. Some attention will be given to primary residence issues and passive activity loss rules. The course is intended to be practical and cover federal income tax issues that arise daily for both clients and lawyers involved in commercial and investment real estate transactions.

Course Syllabus:

Course Notes:   This is an LL.M class, and JD students may register, if space is available.

Prerequisites: Yes  Fed Tax

First Day Assignments:

Final Exam Schedule: 12/15 9-11am  215 TU2    

This course will have:
Exam:
Paper:

Satisfies Skills Course Requirement: No
Satisfies Senior Writing Requirement: No

Book Requirements:

• (7/27/2012 10:07:53 AM ) Title: Federal Income Taxation of Real Estate
  Author: Gerald J. Robinson
  Edition: current Year:  ISBN:  Publisher: Warren Gorham & Lamont