Real Estate Accounting & Taxation : Cognella Academic Publishing : 9798823357098 : 05 Jun 2024 : Tailor-made for those in the real estate industry or those considering entering it, Real Estate Accounting and Taxation is a concise, informative introduction to tools used in certified public accounting practice when dealing with real estate entities. Organized into ten chapters, the books addresses types of entities, key principles of real estate investing, limitations on loss deductions, and like-kind tax-free exchanges. There is also information on using ratio analysis and models for decision-making, long-term construction contracts, and synthetic leases. It also includes a real estate model worksheet that allows users to simulate a real estate transaction with the resulting before and after tax cash flow and the internal rate of return. The fourth edition has been greatly expanded and features four new chapters. Chapters 6 and 7 now explore the topics of depreciation and deferred tax