Virtual
Tax Issues for Real Estate and Homebuilding 26-27
Date: Aug. 26, 2026
Time: 8 – 11:30 a.m. PT
Overview
Taxation of real estate and homebuilding activities has been subject to IRS scrutiny, primarily regarding compliance with cost capitalization issues and revenue recognition, including the costing out of units sold.
This course provides an in-depth analysis of tax accounting methods for various real estate and homebuilding activities, including the application of IRC Section 263A (capitalization and inclusion in inventory costs of certain expenses) and IRC Section 461 (the general rule for the taxable year of deduction). This program will provide clear insights into approaching compliance with costing rules, avoiding IRS audit adjustments, and obtaining the most beneficial tax results for the home builder/developer.
Product Code
1000004741-137941
Credit Type
CPE: 4CPE-Technical: 4IRS-TX: 4Intended Audience
CPAs and tax professionals working in or serving the construction industry.
NASBA Field of Study
Taxes
Level of Difficulty
Intermediate
Prerequisites
General knowledge of IRC 263A and IRC 461.
Advance Preparation
None
Learning Objectives
Major Subjects
- Discussion of appropriate entity selection and small taxpayer status
- Walkthrough of costing methods and compliance issues under IRC 263A
- Analysis of IRC 461 related to economic performance
- Illustrative examples and analysis
- Sample computations for homebuilder unit costing
- Recent IRC 263A challenges by the IRS
- Update of related cases and issues—including recent tax reform
Other Dates
Faculty
Additional Details
This is a prerecorded broadcast. The Instructor will be available via the live chat feature.