Reporting Sale of Rental Property

3 Credits: Taxes


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Reporting Sale of Rental Property

Course Level
CPE Credits

3 Credits: Taxes

Course Description

This comprehensive course is designed for tax professionals seeking a deep understanding of the nuances in selling commercial and residential rental properties. Featuring a detailed breakdown of key tax considerations, such as determining the correct basis of properties, understanding allocations, and grappling with depreciation issues, this course is a robust toolkit for navigating these complex transactions. The benefits of this course include enhanced tax reporting accuracy, development of strategic tax planning skills, and a thorough understanding of various sale options like installment sales and tax-deferred exchanges. Participants will emerge with a refined skill set, capable of identifying tax savings opportunities and ensuring compliance in the intricate world of rental property sales.

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Learning Objectives

Upon successful completion of this course, participants will be able to report the sale of rental property accurately while maximizing tax savings for the sellers.

  • Learn to accurately report the sale of rental property from determining the correct basis in the property to understanding available exclusions and other recapture and compliance matters related to the property.
  • Develop tax planning and other strategies related to timing issues, land vs building allocation, correcting historical depreciation and more.
  • Understand various sale options such as installment sale and tax deferred exchange and determine compliance matters and tax savings opportunities available.
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Course Specifics

Course ID
Revision Date
November 24, 2021


Advanced Preparation


Compliance Information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-U-02120-22-O
IRS Federal Tax Update Credits: 3
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1699
CTEC Federal Tax Update Credits: 3

CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.

CTEC Notice: California Tax Education Council DOES NOT allow partial credit, course must be taken in entirety. Western CPE has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, by phone toll-free at (877) 850-2832, or on the Internet at

Meet The Experts

Jane Ryder, EA, CPA is the owner of Brass Tax Ryder Professional Group, Inc., a full service tax and accounting firm. Brass Tax (not affiliated with Brass Tax Presentations) has been providing tax and accounting services since 1980. Jane received a BS in Business Administration (Accounting) from SDSU and is currently licensed with the California State Board of Accountancy and with the Internal Revenue Service as an Enrolled Agent. Brass Tax is a business centric practice, preparing and consulting on the preparation of Corporations, S-corporations, LLC’s, Partnerships, and Trusts. She also specializes in IRS and state agencies collection problems, payment …