The page uses Browser Access Keys to help with keyboard navigation. Click to learn moreSkip to Navigation

Different browsers use different keystrokes to activate accesskey shortcuts. Please reference the following list to use access keys on your system.

Alt and the accesskey, for Internet Explorer on Windows
Shift and Alt and the accesskey, for Firefox on Windows
Shift and Esc and the accesskey, for Windows or Mac
Ctrl and the accesskey, for the following browsers on a Mac: Internet Explorer 5.2, Safari 1.2, Firefox, Mozilla, Netscape 6+.

We use the following access keys on our gateway

n Skip to Navigation
k Accesskeys description
h Help
    Cleveland State University
   
 
  Dec 16, 2017
 
 
    
Graduate Catalog 2016 - 2017 [ARCHIVED CATALOG]

[Add to Portfolio]

ACT 640 - Taxation of Property Transactions

(3 credits)
Prerequisite: ACT 621 or equivalent. Examines federal income tax consequences of sales, exchanges, and other dispositions of property and the fundamental tax issues presented by these transactions. Topics include the concept of realization, identifying the taxable event, debt encumbered property, determining basis and adjusted basis, amount realized and gain or loss, at-risk rules, passive activity and other limitations on the use of losses, distinguishing capital gain from ordinary income, non-recognition transactions including like-kind exchanges, and involuntary conversions and replacements. Introduces depreciation and amortization.


Click here for the schedule of courses



[Add to Portfolio]