[krstnam]

I failed FAR…miserably actually but since I already paid for REG, I started studying this week. Hopefully I will pass REG then retake FAR before Thanksgiving.

Question – I’m doing the becker review and I breezed through the first two chapters thereby giving me some confidence after the FAR torture. I worked in tax (individual real estate professionals, partnerships and estates) for about 4 years so I’m guessing that’s why it’s going better.

Those who have taken REG, what made it so atrocious? Was it all the tax questions or the law stuff?

[startedfromthebottom]

Sorry you failed FAR, hope you crush it next time.

I took reg a week ago and I felt like the first 4 lectures were brutal for me, because I'm pretty weak in tax. I didn't study all of BLAW, just what was emphasized on the Becker outline, and I suggest your focus most of your time on R1-R4. I spent about 1.5 weeks consolidating info between individual, partnerships, c corp, s corp, and estates. Since it sounds like you're doing well in that, I would just continue reviewing it and also spend time going over the emphasized blaw lectures (olinto makes it less dry). Good luck!!

[mtaylo24]

I failed both this window, FAR with a 52, Reg with a 74. Ethics, Federal Security Acts, definitly BLaw and that Federal Tax process section was way harder than tax imho. If you know how to calculate basis, gain/loss for each entity, you should be good for most of tax. Spoiler alert, dont be afraid to select 0 for gain/loss/basis questions. Sometimes, it feels like that is the answer for every question. Oh yeah, watch out for that Property Tax section, that can be tricky.

AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
REG - 55 (2/16) 69 (5/16) Retake(8/16)
BEC - 71(5/16) Retake (9/16)
FAR - (8/16)

[Anonymous]

REG is very tricky, I had to do 3000 multiple choices in order to grasp the material (Ninja MCQ + Wiley CPA). This might sound like an overkill for a test of 72 multiple choices, but this is exactly what I felt I need to eliminate all element of surprise in the test. And just like @mtaylo24 mentioned, the best 2 hours I spent studying for REG was by making a chart of entities and their taxation characteristics.
I still consider REG lighter than FAR. For FAR I did over 4000 MCQs.

[N4]

I think with your work experience you should be good. Everyone has their strengths and weaknesses. For some bec is the hardest….for me i passed far the first time but failed reg with a 73.

FAR (5/31) PASS (Best birthday gift ever!)

[krstnam]

Thank you for the insight. I passed BEC and thought it was super hard. I failed FAR but I can't say it was hard, just really really long and boring. REG so far seems a little more interesting to me so maybe that's helping too.
When I restudy FAR I'm going to be super optimistic and positive about it. Maybe if I keep telling myself I like it I will do better lol. At the very least it won't hurt to try

I'll make a chart of organizations and their taxability. Thx for the tip 🙂

[Author]

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