Overview
The Tax Cuts and Jobs Act of 2017 has had a tremendous impact on all industries, including commercial real estate. It has liberalized the depreciation provisions for 2018 and later years. This premium webinar will take an in-depth look at the current rules that tax practitioners will need to advise their clients on, and includes a number of illustrative examples on bonus depreciation, construction, and improvement property scenarios.
Major Topics:
- Section 179
- Bonus depreciation
- Listed property
- Depreciation rules for Qualified Improvement Property
- When maximizing depreciation expense might not be the optimal tax strategy
Learning Objectives
- Understand the new depreciation rules resulting from the Tax Cuts and Jobs Act of 2017
Designed for:
Tax practitioners who anticipate advising clients with respect to depreciation of business property
Prerequisite:
A basic understanding of the tax rules relating to individual income tax
Advanced Preparation:
None