Back to Federal Taxation II: Property Transactions of Business Owners and Shareholders
University of Illinois Urbana-Champaign

Federal Taxation II: Property Transactions of Business Owners and Shareholders

This redesigned course is the second course in a four-course U.S. Federal Tax Specialization and reflects legislation from the One Big Beautiful Bill Act passed in 2025. The course examines the U.S. federal tax system as it relates to property transactions of business owners and shareholders. Topics include cost recovery, such as depreciation, amortization, and depletion; calculation of realized versus recognized gains and losses; evaluation of the potential tax effects of nontaxable exchanges; and the combining, or netting, gains and losses that are different in nature. Assignments facilitate self-discovery of knowledge and development of a variety of professional skills.

Status: Tax Compliance
Status: Real Estate Transactions
IntermediateCourse29 hours

Featured reviews

SM

Reviewed Aug 26, 2019

The instructors were very thorough and detailed. The explanations and examples provided were very helpful.

SH

Reviewed Apr 28, 2020

It was great learning with Professors, they explained all the provisions in a very systematic way.

MY

Reviewed Feb 25, 2024

Great bite size information that is relevant and applicable.

HX

Reviewed May 2, 2022

lots of stuff but overall it was good. some videos need to be watched for many times...

LV

Reviewed Oct 15, 2023

Great deal of knowledge, great explanation of difficult topics.

A

Reviewed Apr 7, 2026

Excellent course, I enjoyed the lessons and learning experience.

RM

Reviewed Jan 28, 2021

I am very grateful for everything I learned in this course, it is excellent!

MO

Reviewed Jul 17, 2020

The best Instructors in Coursera! Many thanks to instructors!

CP

Reviewed Nov 13, 2020

The exposition of the many complex topics was clear.

ZL

Reviewed Jun 6, 2020

Great both in terms of substance and structure.

MB

Reviewed Sep 14, 2021

Excellent overview of the relevant taxes applicable to property transactions. Great content and well presented!

GG

Reviewed Dec 22, 2017

Very informative and nicely presented course about the US taxation regulations. One of my favorites.

All reviews

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Sherillia
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