This volume is a tax guide for attorneys who are not tax specialists. It provides a summary of the tax laws regarding real estate transactions, and includes numerous examples of how the tax principles affect particular real estate transactions. This volume allows the real estate or general practitioner to be aware of potential tax problems in order to refer a client to a CPA. It also provides the real estate practitioner with an overview of the tax theory, citations, and other resources available to assist in more detailed research of the tax consequences of a real estate transaction.
Supplement prepared by Knowles Publishing, Inc. Staff Attorneys.