Minnesota Association of
Public Accountants

Learn like-kind exchanges: deferred, simultaneous, build-to-suit, reverse, and combo types. Covers personal property, pitfalls, compliance, and practical examples for investors.

Learn S corp and partnership basis rules: calculation, Form 7203, income/loss ordering, non-deductible items, PP loans, forgiveness effects, and Sec. 754 step-up elections.

Learn influencer tax rules: distinguish hobby vs business, report income, deduct unique expenses, choose entities, handle issues, and explore 5 practical case studies.