REG CPA Practice Questions: Capital Gains from the Sale of Gifted Assets

In this video, we walk through 5 REG CPA exam practice questions on how to calculate capital gains to be included in the gross income of an individual from the sale of gifted assets. Important Links Link to the free study training webinar mentioned in the video: https://www.superfastcpa.com/strategic-study See the full post for this video: https://www.superfastcpa.com/reg-cpa-practice-questions-explained-calculate-capital-gains-from-the-sale-of-gifted-assets/ See the other REG walkthrough videos here: https://www.superfastcpa.com/free-reg-cpa-practice-question-walkthroughs/ 0:00 Intro 00:51 Question 1: Calculating a Capital Gain from the Sale of a Gifted Asset 03:19 Question 2: Calculating a Long-Term Capital Gain 05:52 Question 3: Calculating the Capital Gain on the Sale of Gifted Real Estate, including Depreciation 07:44 Question 4: Situations Where There is No Gain or Loss on the Sale of a Gifted Asset 10:53 Question 5: Calculating a Capital Loss on the Sale of a Gifted Asset 12:31 Pillar Topics