Tax Aspects of Gifting a Home
IRS Program #: X9QQU-T-00818-21-S/O
CE: 2
Speaker: Larry Pon, EA
Many times our clients ask us (or should ask us) the tax consequences of gifting a home. There are multiple considerations surrounding gifting and the subsequent sale of a home. We will review the tax considerations regarding basis, capital gains, part-sales/part-gift transactions, and installment sales and installment notes. We will also do a quick review of how any pending tax legislation may affect these considerations.
Learning Objectives:
- Understand basis
- When should part-sales/part gift transaction be considered
- How is the sale of a home taxed after it is gifted
- Review installment sales and installment notes
- How the proposed tax changes affect those considerations
Continuing Education
This course qualifies for IRS Continuing Education Hours. NAEA reports IRS CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at education@naea.org.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email at education@naea.org. An NAEA education team member will review the request for refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand Webinars will not be refunded.