Boston University School of Law

TX902 Federal Income Taxation II

TX 902 ( A1)  W 6:20 PM-8:10 PM 
2 cr., Fall 
Professor Wry 
No Class Website
TX 902 ( OL)  ARR - 
2 cr., Fall 
Professor Colleran 
No Class Website
TX 902 ( A1)  M 6:20 PM-8:10 PM 
2 cr., Spring 
Professor Hammond 
No Class Website
 

Federal income tax aspects of the acquisition, ownership, and disposition of property. Topics include: 1.Realization and recognition, 2.Basis and amount realized, 3.The effects of debt (including its cancellation), 4.Depreciation and amortization, 5.At risk, not for profit, and passive activity loss deductibility limitations, 6.Capital gains and losses, related party transactions, quasi-capital assets and depreciation recapture, and 7.Deferred payment transactions (original issue discount and installment sales). Prerequisite or corequisite: Federal Income Taxation I.