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Ch 5: Tax Credits & Property Transactions

About This Chapter

Work through this chapter at your own pace to review tax credits and property transactions. Containing short lessons and quizzes, this mobile-friendly chapter can benefit anyone who needs to prepare for an exam or strengthen their basic understanding of taxes.

Tax Credits & Property Transactions - Chapter Summary

This chapter provides a high-level overview of tax credits and property transactions. As you follow along with our expert instructors, you'll see how real estate transactions and property transfers affect taxes. You'll also break down topics like tax shelters, passive activity loss and the various types of tax credits. The chapter is available to access at any time that fits your schedule, and we've included short self-assessment quizzes to help you reinforce your understanding of the material. By the end of the chapter, you'll be equipped to:

  • Recognize different types of tax credits
  • Evaluate tax consequences and deductions in terms of real estate transactions
  • Explain tax shelter and passive activity loss rules
  • Describe the effect that taxes can have on property transfers

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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