CPA TCP: Property dispositions, related parties and imputed interest
Blueprint IV.A–IV.C · Area IV, Property Transactions (disposition of assets) · 10–20% of TCP
Ten TCP questions on property dispositions, related parties and imputed interest, untimed, with a reason for every answer option.
Or take the full TCP mock examStock an investor owns becomes completely worthless in August. For tax purposes, when is the stock treated as sold?
Property dispositions, related parties and imputed interest on CPA TCP
Area IV of TCP (10–20%) covers property transactions: nontaxable dispositions, the amount and character of gains and losses with netting, and related-party transactions including imputed interest.
- Blueprint groups
- IV.A–IV.C
- Share of the section
- Area IV, Property Transactions (disposition of assets): 10–20%
- Our drill
- 10 questions from 12 on this topic, untimed, with a reason for every option; one free attempt, unlimited with a pass
What to know
- Like-kind exchanges are limited to real property; boot, including net debt relief, triggers gain (IRC §1031).
- Involuntary conversion gain is recognized only to the extent proceeds are not reinvested in qualifying replacement property (IRC §1033).
- Installment sales spread gain using the gross profit percentage, but depreciation recapture is recognized in the year of sale (IRC §453(i)).
- Net §1231 gain is ordinary to the extent of nonrecaptured net §1231 losses of the previous five years (IRC §1231(c)).
- Losses on sales between related parties are disallowed, but the buyer can use the disallowed loss to reduce a later gain (IRC §267(d)).
- Gift loans of $10,000 or less between individuals generally escape imputed interest (IRC §7872(c)(2)).
Test yourself on property dispositions, related parties and imputed interest
Ten TCP questions on property dispositions, related parties and imputed interest, untimed, with a reason for every answer option.
Or take the full TCP mock examCommon questions
How much of the TCP section is property dispositions, related parties and imputed interest?
It sits in Blueprint Area IV (IV.A–IV.C). The AICPA weights whole areas, not single topics; see the area’s range on the TCP page. Our 68-question mock draws each area at the middle of its range.
Are these real TCP questions?
No. The AICPA does not release live exam questions. These are original practice questions written to the published 2027 CPA Exam Blueprints, with a reason for every answer option and the standard or code section behind the key.
More TCP topics
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- Gift tax and personal financial planningdrill
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- Entity formation, liquidation and tax planningdrill
TCP full mock exam: 4 hours, 5 testletsTCP task-based simulations
Blueprint and exam facts checked November 2026: AICPA: Learn what is tested on the CPA Exam (Blueprints effective January 1, 2027) · AICPA: CPA Exam score release and testing windows · NASBA: CPA Exam FAQ · Virginia Board of Accountancy: CPA Exam fees.
Original independent practice questions written to the AICPA CPA Exam Blueprints. Not affiliated with or endorsed by the AICPA or NASBA.