Designed for your lenders who have previously attended a Buker's Taxanalysis or Buker's Taxanalysis II course who wish to stay current on tax law changes and enhance their cash flow skills. Buker's Taxanalysis III will make your good lenders better!

This is a fast-paced, two-day course, blending lecture and discussion with hands-on analysis of mini case studies. Each case study covers a different cash flow issue, focusing on the traps present, how to avoid them and how to arrive at the correct cash flow.

Your lenders will experience a diverse array of cash flow topics, with emphasis on recent tax law changes that now require the use of specific customized approaches to correctly compute a borrower's cash flow. Because of changing tax laws, it is recommended that your lenders attend an update at least every other year.

• Incentive Stock Options (ISOs)
• how incorrect analysis can cause a lender to massively overstate a borrower's cash flow
• Non-cash "paper" interest and dividend income from Schedule K-1
• how to detect, neutralize and arrive at the "true" cash flow
• Advanced Schedule C and Schedule F analytical tools
  • multiple cash flow adjustments required with Cost of Goods Sold
  • specific adjustments necessary for accrual basis entities, Section 179 expense, passive activities and more

• Schedule D -- Capital Gains
• comprehensive "true" cash flow analytical techniques that deal specifically with short-term gains and losses, long-term gains and losses, capital loss carryovers, split-year purchases and sales and installment sales
• Schedule E -- Rental Real Estate and Passive Loss Rules
• how to detect and neutralize frequently encountered passive loss distortions plus Section 1030 like-kind exchanges and their cash flow implications
• Schedule E -- Partnerships and S Corporations
• multiple pass-thru K-1s and how to avoid the massive overstatements of a borrower's cash flow these can cause
• imputed distributions and how to use our "FASB 95 On a Cocktail Napkin" approach to determine if there is hidden cash flow available to the borrower
• real estate developers and the games they play, i.e. "Robbing Peter to Pay Paul" syndrome and the simultaneous refinance/distribution "shell game"
• distributions in excess of net income and the chilling scenario this can indicate
• And MUCH more!