Disposition & Capital Gain or Loss

Corporate Income Tax - Lecture 5

This week we will focus on the disposition of property and distinguish between realization and recognition and identify the components of capital gains and losses. We will also come to appreciate the limits of related party transactions and the consequences of asset dispositions in computing depreciation recapture. In addition, you will apply the installment sale method of accounting and identify the two components of the capital gain or loss definition. You will apply the Section 1231 netting process and incorporate the recapture rules into the Section 1231 netting process. We will also describe the tax consequences of disposition other than sales or exchanges. In this YouTube lecture you will be introduced to the capital gains and losses process. To make the YouTube video larger, click on the [ ] in the lower right corner.
Federal Income Tax: Chap 5 -- Intro to Capital Gains and Losses