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Tax Accounting for Partial Disposition of a Building (LITX21/24)

Event Description

This course considers the need to report the income tax effect when an interest in a building is the subject of sale or other disposition. Depreciation may be recaptured; credits may be recovered. Income of entities that paid rent may need to be recalculated. Can you use Form 4797 to report a partial disposition? Find out in this course.