Real Estate Conference San Francisco and WebcastOct. 29, 2014

Oct.

29

– Sa

n Fr

anci

sco

and

Web

cast

02:35

03:40

04:30

Overview:The real estate market has improved, but will the trend continue? Local and global changes have the ability to drastically change the California’s real estate landscape. How can you know what’s in store, and what information is necessary for you to protect your clients’ holdings?

Attend the 2014 Real Estate Conference to find out what is affecting this sector of business, as well as learn the economic, tax and legal developments impacting property owners. CPAs should understand the sections of California assessment practice that directly affect their real estate clients. Don’t miss your chance to get the latest information and updates from top experts in the field.

Designed for: CPAs, attorneys and other professionals who advise companies and individuals with real estate holdings in California and beyond.

Credit Information:CPE: 8 HoursMCLE: 6.5 Hours

Level: Update

Prerequisites: None

CONFERENCE OVERVIEW

Welcome and Introductions

Prop 13: Then and Now

Property Tax: Case Study

Break

3.8% Net Investment Income Tax and Repair Regulations: Practical Examples and Case Studies

Dispelling Reserve Myths

Lunch (sit-down lunch provided)

Section 121 and 1031 Traps

Break

Partnership Tax Update

Real Estate Within Self-Directed IRAs: Trick or Treat?

Adjourn

AGENDA {AT-A-GLANCE}08:30

08:35

09:15

10:05

10:15

12:15

01:15

02:25

11:25

Thank you to our generous silver sponsor:

REAL ESTATE CONFERENCEHOTEL NIKKO SAN FRANCISCO AND WEBCAST OCT. 29, 2014

G. Scott Haislet, CPA, Esq.1031 IntermediaryConference Co-Chair

R. Craig Schmitt, CPAR. Craig Schmitt, CPAConference Co-Chair

Andrea G. Cope, CPA, CGMABurr Pilger Mayer, Inc.

Phuong T. Dang, CPASeiler LLP

Cameron L. Hess, CPA, Esq.Wagner Kirkman Blaine Klomparens & Youmans LLP

Jeffrey Lewis, CPAFriedlander Cherwon Capper LLP

Conference Planning Committee

Hotel Nikko San Francisco222 Mason St.San Francisco, CA 94102

10:15

02:25

08:30

08:35

09:15

10:05

04:30

SESSIONDETAILS

Welcome and IntroductionsG. Scott Haislet, CPA, Esq.1031 IntermediaryConference Co-Chair

R. Craig Schmitt, CPAR. Craig Schmitt, CPAConference Co-Chair

Prop 13: Then and NowBe in the know; this session will review the history of Prop 13 and arguments of opposition. Additionally, learn the key issues involved with a split-roll tax and the potential ramifications of Assembly Bill 2372.

Jonathan Coupal, Esq.PresidentHoward Jarvis Taxpayers Association

Property Tax: Case StudyIn this session, you will examine the statutory framework to assess property, hear about the most common errors and remedies for the assessment of real property in California and get tax planning strategies to reduce and mitigate assessment.

James K. Chapman, CPA, SCGREAPresident & CEOPTR

{Break}

3.8% Net Investment Income Tax and Repair Regulations: Practical Examples and Case StudiesPractical examples and case studies will provide an informative and engaging session that covers the characterization of 3.8% income tax, repairs vs. improvements, shared de minimis, personalty vs. realty, applicable financial statements and units of property.

Cameron L. Hess, CPA, Esq.Wagner Kirkman Blaine Klomparens & Youmans LLP

Dispelling Reserve MythsReserve studies can be misunderstood by those who read them: buyers, sellers, realtors, lenders, managers, the FHA and even CPAs. This session covers the basics of reserve studies: what they are and how you determine the future risk to the association. You won’t be fooled by myths and misunderstandings because in this session you will gain a better understanding of the core issues.

Roy M. Helsing, CACM, PRA, RSHelsing Group Inc.

Lunch {sit-down lunch provided}

Section 121 and 1031 TrapsTo avoid section 121 and 1031 traps to you need to fully understand them. Review the basics of home sales exclusion; Section 121(b)(5) and 121(d)(10) exceptions; the impact of Windsor; equity sharing arrangements as 1031 replacement; updates on drop and swap and practitioner responsibility.

G. Scott Haislet, CPA, Esq.1031 Intermediary

{Break}

Partnership Tax UpdateWhat will be the tax impact of the California Revised LLC Act? Explore the implications of entity choice, determine the best treatment of service partners and discuss special allocations.

Gary R. McBride, CPA, J.D. LLMSummit Accountancy Group, Inc.

Real Estate Within Self-Directed IRAs: Trick or Treat?Although investing in nontraditional assets using a self-directed IRA has increased rapidly over the past 10 years, the vast majority of IRA owners and their professional advisers still do not fully understand the legal and tax impacts of this type of investment. This session will help you understand how to “issue spot” and point your clients in the right direction to avoid disastrous tax consequences.

Warren L. Baker, J.D., LLMAmicus Law Group, PC

{Adjourn}

11:25

12:15

02:35

01:15

03:40

ContactCalCPA Education FoundationP.O. Box 45066San Francisco, CA 94145-0066

Phone (800) 922-5272Fax (888) 868-8558Web calcpa.org

Event PricingMember $325Nonmember $425

Conference RegistrationOct. 29 // San FranciscoEvent Code 5141422A

Oct. 29 // WebcastEvent Code 5141422B

Discount ProgramsSave hundreds with Value-Priced Education (VPE) and Coupons.

VPE 80 $1,295 CalCPA MemberVPE 40 $795 CalCPA MemberVPE 24 $675 CalCPA MemberCoupon 10 $2,495 CalCPA Member

Learn more about CalCPA discount programs, (800) 922-5272 or calcpa.org/discount

Materials for this conference are provided in PDF format. You will

receive an email which contains a link for accessing the materials at least three days before the conference.

Registration PolicyAll registrations are taken on a first-come, first-served basis. The CalCPA Education Foundation reserves the right to refuse admission to any individual whose behavior it deems inappropriate.

Cancellation PolicyIf you need to cancel your registration, you must cancel four business days prior to the event to receive a full refund. After that time a refund will be given less a $125 cancellation fee. No refunds will be given for no-shows.

VPE no-shows will have the number of registered CPE hours deducted from their VPE credit.

Coupon no-shows will forfeit the coupon used to register. For registration policies please go to calcpa.org/policies.

Note: Topics and speakers are subject to change. For up-to-date information, please go to calcpa.org

CalCPA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA), as a

sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or www.learningmarket.org.

REGISTRATION INFORMATIONREGISTER ONLINE calcpa.org/RealEstate14