Webinar: Real Estate Tax Issues: Passive Activity, Self-Rental and Section199A

WB1975 | Course | Intermediate | Scheduled

Description

This program will provide a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrates those rules with when real estate is considered a "business" under the Section 199A flow-through entity deduction. A detailed analysis of the self-rental passive activity rules will be given, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental.

*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com

Credits

Number of Credits	Type of Credits
4.00	Taxes

Designed For

CPAs working in public accounting and members in industry

Prerequisites

Basic working knowledge of individual and business taxation

Highlights

Integration of the real estate professional rules with reporting on Form 1040, Schedule E

Real estate professionals and indirectly owned (partnerships, S corporations) entity's reporting on Form 1040</li>
<li>How "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules</li>
<li>Real estate professionals and the Form 8582 (Passive Activities)</li>
<li>How to make the "grouping" election for passive activities and the flow-through deduction</li>
<li>Definition of self-rental property - both for Sections 199A and 469</li>
<li>Reporting using Form 1040, Schedule E, page 1 and 2</li>
<li>Self-rental property and the Form 8582 (passive activity)</li>

Objectives

Identify the passive activity and flow-through entity rules for real estate professionals and self-rental property and show how these situations should be reported on various tax forms
To provide an in-depth discussion of the deduction for income from flow-through for real estate professionals and self-rental property

Preparation

None

Notes

This webcast is provided by ACPEN. After registering for the course, you will receive an email from ACPEN with instructions for logging in to the webcast and obtaining your eMaterials.

Prices

Member (Early Bird): $129.00
Non-Member (Early Bird): $159.00

Member: $129.00
Non-Member: $159.00

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