Hey Guys, First time posting on this forum. I thought I would share my experience and feelings about the REG exam that I just took yesterday (2/8/19).
First, and lasting impression of the exam was that it focused A LOT on property tax, partnership and S Corp formation contributions and formations. I would be sure to be very comfortable with calculating the basis of the shareholders AND the partnership/corp, as well as any gains/losses that result from non-liquidating and liquidating distributions.
Also, I did not see a whole lot of questions regarding BLAW, maybe 2 or 3…
The sims were surprisingly simple.. I got hung up on certain parts but all-in-all, I thought they were a little easier that the Becker mock exams. I am sure that everyones test will be at least a little different through out Q1 but I just thought I'd give my 2 cents.
Good luck to everyone!
FAR – 67 – retaking later on '19
BEC – yet to take
AUD – 74 :/ – retake 3/6/19
REG – 2/8/19 – Hopeful!!