This course will cover basic principles of taxation in real estate and applicable provisions for
residential and investment properties. Topics covered will include federal taxation concepts such
as capital gains and 1031 exchange provisions as well as resources for determining county
property tax rates and the types of legislation which impact property tax rates. The course will
include formulas for calculating tax liability for investment properties, deductable costs and
expenses, and investment property income taxation. In addition, the course will provide an
overview of the assessment process, approaches to property valuation and example of available
Upon completion of this course, students will be able to:
- Explain the basic factors affecting taxation of real property.
- Explain the basic approaches to property valuation.
- Describe the assessment process used to determine values for different types of
- Identify the steps in the appeal process to appeal the Notice of Valuation for a residential
- Explain the circumstances under which capital gains taxes apply and describe how these
taxes are calculated.
- Describe how capital gains taxes may be deferred through the use of 1031 exchange
- Assist an investor client in creating a budget for an investment property.
- Describe tax liability commonly associated with investment properties.
Table of Contents
Unit 1: Taxation of Real Property - Time in course 45 minutes
Unit 2: Property Valuation and the Assessment Process - Time in course 75 minutes
Unit 3: The Primary Residence - Time in course 40 minutes
Unit 4: Investment Properties - Time in course 90 minutes
Unit 5: Capital Gains Tax - Time in course 50 minutes
Unit 6: 1031 Exchanges - Time in course 65 minutes