Accounting for Real Estate- Real Estate Accounting

Accounting for Real Estate: Real Estate Accounting, available at $54.99, has an average rating of 4.41, with 28 lectures, based on 245 reviews, and has 1468 subscribers.

You will learn about Learn the foundation of accounting for real estate Develop an understanding of the real estate acquistion process and how it is captured in the accounting system Understand the tax implications of the real estate transactions Comprehend how accountting helps real estate professional reduce their tax burden This course is ideal for individuals who are Real estate investors or Property managers or Other real estate professional or Owners of accounting/tax firms or Small real estate property owners or Any person seeking to build their knowledge of accounting for real estate It is particularly useful for Real estate investors or Property managers or Other real estate professional or Owners of accounting/tax firms or Small real estate property owners or Any person seeking to build their knowledge of accounting for real estate.

Enroll now: Accounting for Real Estate: Real Estate Accounting

Summary

Title: Accounting for Real Estate: Real Estate Accounting

Price: $54.99

Average Rating: 4.41

Number of Lectures: 28

Number of Published Lectures: 28

Number of Curriculum Items: 28

Number of Published Curriculum Objects: 28

Original Price: $22.99

Quality Status: approved

Status: Live

What You Will Learn

Learn the foundation of accounting for real estate

Develop an understanding of the real estate acquistion process and how it is captured in the accounting system

Understand the tax implications of the real estate transactions

Comprehend how accountting helps real estate professional reduce their tax burden

Who Should Attend

Real estate investors

Property managers

Other real estate professional

Owners of accounting/tax firms

Small real estate property owners

Any person seeking to build their knowledge of accounting for real estate

Target Audiences

Real estate investors

Property managers

Other real estate professional

Owners of accounting/tax firms

Small real estate property owners

Any person seeking to build their knowledge of accounting for real estate

In this course, we explore the value of accounting as a key tool for improved performance for real estate businesses and investors. We will look at the best way to capture accounting information from the acquisition of the property from both the bookkeeping as well as tax perspective to its disposal (sale).

We will look into the accounting end and documentation as well as tax planning opportunities to help students develop a deeper understanding of both accounting and tax for real estate in an effort to assist real estate professionals/investors to make better-informed decisions about the portfolios.

Some of the most important topics we will cover include:

1. Pre-acquisition accounting

2. Acquisition accounting (emphasis on the cost-segregation study)

3. Real estate operations accounting (emphasis on depreciation and NOL)

4. Sale of real estate accounting

5. Tax planning opportunities (start-up deductions, exit strategies)

To make the content of the course easier to digest we will use a fictitious company, launched by Niva. Niva is interested in the real estate business. As a prudent investor, she recruits a world-class team of advisors to help her purchase and manage her first rental property. She brings on board a great broker, residential real estate attorney, accountant, property management company, and an inspector. As a brilliant real estate investor, she knows that many people have made catastrophic mistakes. She intends to reduce the likelihood of making those herself. After the acquisition, the property management oversees daily operations, while she focuses on overall asset management.

To ensure the learning in the course, we will make a number of assumptions in an effort to cover all the major parts of the real estate transactions, their respective accounting, and potential tax consequences.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Welcome to the course

Lecture 2: General Instructions

Chapter 2: Accounting for pre-acquisition costs

Lecture 1: Accounting for pre-acquisition stage

Lecture 2: Tax Implications at the pre-acquisition stage: first time vs. existing business

Lecture 3: Accounting Best practices

Lecture 4: Tax Tip: Start-Up and organizational deduction

Chapter 3: Accounting for Acquisition costs

Lecture 1: Accounting for acquisition stage

Lecture 2: Update to Entries on Accounting For Acquisition Stage

Lecture 3: Tax Implications at the acquisition stage

Lecture 4: Accounting best practices

Lecture 5: Tax Tip: Cost segregation Study

Lecture 6: BONUS: Additional Items to Consider in Acquisition

Chapter 4: Accounting for Rehab Costs

Lecture 1: Accounting for rehab costs

Lecture 2: Tax implications for rehab

Lecture 3: Accounting best practices

Lecture 4: Tax Tip: Capitalize or Expense

Chapter 5: Holding Period: Operations Stage

Lecture 1: Accounting for operations of rental properties

Lecture 2: Tax implications of operating rental properties

Lecture 3: Accounting best practices

Lecture 4: Tax Tip: Depreciation and NOL

Chapter 6: Accounting for Sale of Rental Property

Lecture 1: Accounting for sale of real estate property

Lecture 2: Tax Tip: 1031 exchange

Chapter 7: Additional Lecture: Accounting for Investors

Lecture 1: RE Investors Accounting

Chapter 8: BONUS Model: Yeto Real Estate Company

Lecture 1: Welcome to Bonus Module

Lecture 2: Forming an Entity

Lecture 3: Deal Sourcing to Close

Lecture 4: Holding Period

Lecture 5: Exit

Instructors

Luntadila Paulo, CPA, MBA
Entrepreneur | CPA | Small Business Trusted Advisor

Rating Distribution

1 stars: 6 votes

2 stars: 4 votes

3 stars: 30 votes

4 stars: 88 votes

5 stars: 117 votes

Frequently Asked Questions

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You can view and review the lecture materials indefinitely, like an on-demand channel.

Can I take my courses with me wherever I go?

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