Webinar: 2024 Real Estate Tax Issues: Passive Activity, Self-Rental & Section 199A
WB349 | Course | Intermediate | Scheduled
Description
This program will provide a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrat
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
S corporations) entity's reporting on Form 1040
How "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules; Real estate professionals and the Form 8582 (Passive Activities)
How to make the "grouping" election for passive activities and the flow-through deduction
Definition of self-rental property - both for Sections 199A and 469
Self-rental income from directly owned properties and reporting on Form 1040, Schedule E, page 1
Self-rental income from indirectly owned (partnerships, S corporations) and reporting on Form 1040, Schedule E, page 2
Self-rental property and the Form 8582 (passive activity), the flow-through entity grouping election, and "former passive activities" rules
A deep-dive look at the Section 199A flow-through entities deduction
Calculation of qualified business income
Application to rental real estate - "safe harbor" rule and aggregation rules
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