Basis

Computing the Basis of Property

Registration is closed. We are in the process of updating. This course will provide RTRP's and EA's with 1 credit hour in Federal Tax Law for only $15. There are many different ways to acquire property, and many different uses of the property once acquired. You will learn what increases or decreases the basis of property, how to treat converted property, and how to correctly calculate your client's basis in their new or used property. You will also learn the basis of property for the depreciation or the sale of the property.