ACCT555

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ACCT555 - Taxation of Real Estate and Depreciable Assets

Accountancy, Sch ofGraduateUA - UA General

Course ID

036820

Course Description

The purpose of this class is to provide detailed knowledge of the tax effects of voluntary and involuntary dispositions of depreciable business property, including becoming well versed in depreciation recapture, installment sale agreements, and real estate transactions such as 1031 exchanges and foreclosures/short sales. The course also covers tax consequences of rental activities and passive-activity rules resulting from such activity.

Min Units

3

Max Units

3

Repeatable for Credit

No

Grading Basis

GRD - Regular Grades A, B, C, D, E

Career

Graduate

Course Requisites

ACCT 420, ACCT 520 or equivalent.

May be convened with

Component

Lecture

Optional Component

No