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Live Webcast Replay

ACPEN Signature 2025: Critical Real Estate Taxation Issues


Total Credits: 8 including 8 Taxes - Technical

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Categories:
ACPEN Signature |  IRS Approved |  Tax
Faculty:
C. Clinton Davis, CPA, JD |  James A. Smith, CPA, CGMA
Course Levels:
Update
Duration:
8 Hours
License:
Product Setting: Expires 30 day(s) after program date.

Dates


Description

Most tax practitioners have multiple clients involved in some aspect of real estate whether as developers, builders, brokers or investors.  This course will explore critical tax issues directly targeted at real estate activities and real estate entities. This ACPEN course will include a panel of national tax practitioners and experts reviewing these complex rules as well as the latest judicial, legislative and regulatory developments affecting real estate including pending tax legislation.

Basic Course Information

Learning Objectives
  • Focus on providing practical ideas and advice to practitioners so that they can properly advise their real estate client and spot planning opportunities
  • Review major areas of real estate taxation and IRS guidance
  • Understand the latest legislation and any IRS initiatives affecting real estate taxation.

Major Subjects
  • The importance of correctly classifying property as capital gains property, inventory real estate, development real estate and real estate used in trade or business and applicable cost recovery recapture rules
  • Preserving capital gains treatment for pre-development appreciation with a related party lot developer
  • Cost Segregation Studies for Real Estate and their Tax Consequences
  • Qualified Nonrecourse Debt under the At-Risk Rules
  • Distinguishing repairs from improvements and the tax consequences of the difference
  • Tax consequences of renting real estate
  • Common issues in Ground Leases, Percentage Leases and Net Leases
  • Classification as a Real Estate Professional under the PAL Rules and Interaction with the Rental Real Estate Rules and the Aggregation Election for rental real estate
  • Review of current actions by Congress and the IRS affecting real estate.

Course Materials

Faculty

C. Clinton Davis, CPA, JD's Profile

C. Clinton Davis, CPA, JD Related Seminars and Products

Krage & Janvey, L.L.P.


C. Clinton Davis JR, is with the law firm of Krage & Janvey, LLP in downtown Dallas.  He graduated cum laude from the SMU Dedman School of Law in 1980 and first in his graduating class from Northwestern State University of Louisiana in 1977 with a Bachelor of Science in Accounting.  He was first licensed in Florida as an attorney in 1980 and then in Texas in 1982.  He has been a licensed CPA in Texas since 1980.  He has been Board Certified in Tax Law by the Texas Board of Legal Specialization since 1988.  He has been named as a Super Lawyer, a Top Attorney in Texas by Texas Monthly, one of the Best Lawyers in Dallas by D Magazine and a Top Rated Lawyer by the Dallas Morning News, all in the tax area. 

Clint has in the past been an author and discussion leader for numerous CPE courses for the Texas Society of CPAs. Clint also speaks before various bar associations and accounting conferences. and is a frequent presenter and moderator on the Accountants’ Continuing Professional Education Network.

Clint primarily represents high net worth individuals and closely held businesses with much of his time devoted to real estate tax planning, implementation of S corporation ESOPs, mergers and acquisitions and private foundations.

 


James A. Smith, CPA, CGMA's Profile

James A. Smith, CPA, CGMA Related Seminars and Products

Managing Director

Smith, Jackson, Boyer & Bovard, PLLC


James A. (Jim) Smith, CPA, CGMA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas Certified Public Accounting firm.  He practices extensively in tax compliance, planning and controversy representation for individuals and entrepreneurial businesses. He also is engaged in the preparation, compilation and review of financial statements; exit strategy planning for entrepreneurs; merger and acquisition planning and transactions; and forensic accounting and litigation services. 

Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Professional Standards and Federal Tax Policy Committees since their inception.  He served as a member of the AICPA Council 2007 through 2011 and from 2012 through 2015.  He also served as an appointed member of two of the AICPA’s key standard setting committees:  the Accounting and Review Services Committee from 2008 through 2011 and the Tax Practice Responsibilities Committee, 2014 to 2017.


Dates

Wed, Jun 04, 2025 - 08:00am to 04:00pm MDT
Wed, Jun 04, 2025 - 10:00am to 06:00pm MDT
Mon, Jun 30, 2025 - 08:00am to 04:00pm MDT
Mon, Jun 30, 2025 - 10:00am to 06:00pm MDT
Wed, Jul 09, 2025 - 08:00am to 04:00pm MDT
Wed, Aug 06, 2025 - 08:00am to 04:00pm MDT
Fri, Oct 17, 2025 - 08:00am to 04:00pm MDT
Mon, Dec 01, 2025 - 08:00am to 04:00pm MST
Mon, Dec 01, 2025 - 10:00am to 06:00pm MST
Tue, Dec 23, 2025 - 08:00am to 04:00pm MST
Tue, Dec 23, 2025 - 10:00am to 06:00pm MST
Mon, Jan 05, 2026 - 08:00am to 04:00pm MST
Tue, Jan 20, 2026 - 08:00am to 04:00pm MST

Additional Info

Basic Course Information

Prerequisites

None


Advanced Preparation

None


Designed For

Industry and Public Accountants


Original Recording Date

5/21/2025


Yellow Book

TBD


Course Developer

Business Professionals' Network (ACPEN)


Date Added to Catalog

2/18/2025


Additional Information

Complaint Resolution Policy

Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).


Official Registry Statement

Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org


Instructional Delivery Method

Group Internet Based


Refund/Cancellation Policy

Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.
 


Course Registration Requirements

Online Registration


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