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About
This course provides a comprehensive overview of the §754 election, which allows partnerships to adjust the basis of partnership property upon certain events. This can help the partner reduce their taxable income flowing from the partnership.

2 IRS CE/2 CTEC CE/2 NASBA CPE*

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*Self-Study recording not available for NASBA CPE credit.

IRS Program #: 7Q3WU-
CTEC Course #: 6248-CE-
When?
Wednesday, June 4, 2025 · 1:00 p.m.
Eastern Time (US & Canada)
Duration: 2 hours
Price
$79.00
Language
English
Who can attend
Everyone
Dial-in available? (listen only)
Not available.
Agenda
  • What is the §754 Election
  • How to Make the Election
  • Calculation and Allocation
  • Downsides and Risks
  • Timing requirements and late elections
  • Practical applications and case study

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