December 5, 2013 at 2:30 PM EST, 1:30 PM CST, 12:30 PM MST, 11:30 AM PST
In today's economy, who could blame you for thinking about the sale of real estate whereby the property owner is forced to sell a home for less than the amount owed to the bank? But, no! We're talking sales of borrowed securities in a down-market. Actually, this webinar will address the tax consequences of both, including:
- the constructive sale rule,
- short-against-the-box,
- dividends received,
- investment interest,
- recourse and non-recourse debt, and
- cancellation-of-debt income.
While technically unrelated, both real estate and investment short sales are an inevitable consequence of a recession which tax practitioners must help their clients to weather.
Presented by Monica Haven, EA, JD, ATA, ATP