Joined: 02 Jan 2011
Online Status: Offline Posts: 22
Posted: 20 Mar 2012 at 14:25 | IP Logged
Sorry, I would like to ask you a couple of more questions regrding the REG. You've passed other 3 sections, but not REG. Does it mean that REG is most difficult section? How many times did you take for the other three sections? what is the most difficult part in the real exam for REG?
Thank you so much again for your kind help! Your information is very important for my exam!
Joined: 13 Apr 2011 Location: United States
Online Status: Offline Posts: 71
Posted: 20 Mar 2012 at 17:19 | IP Logged
The exam was tax-heavy when I took it. Even though studying becks you would think it is evenly or more weighted to contracts. You need to also practice researching questions using the authoritative literature. I found myself using that to answer SIMs questions. Try to do questions that are very comparative across lots of concepts: testing various forms of corporations, partnerships, etc.; gift basis vs. related party losses vs. gain/loss basis; carryforwards of losses between individuals, corporations, passive losses, etc. Once you think you have a concept, really try to think about how it compares to other pieces of knowledge around that similar concept such as what I showed above.
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Topic: real exam
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