Webinar: Real Estate Professionals, Passive Activity and Section 199A
WC2682 | 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 |
|---|---|
| 2.00 | Taxes |
Designed For
CPAs working in public accounting firms and members in industry.
Prerequisites
Basic working knowledge of real estate taxation.
Highlights
The major topics covered in this class include:
- Definition of a real estate professional
- Pros and cons of being a real estate professional
- 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
- 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
- Several real-life situations illustrating the various possibilities and the consequences of failing to comply with the real estate professional standards
- Real estate professionals and the "former passive activities" rules
Objectives
After attending this presentation you will be able to...
- Apply the passive activity and flow-through entity rules for real estate professionals and show how these situations should be reported on various tax forms
Preparation
None
Notes
Webinar Day - HELP and Assistance Instructions
- The session will open 30 minutes prior to the start time. At that time, you will receive a reminder email bringing you to your Attendee Dashboard and a link to join the webinar.
- We recommend you log in early to ensure you are ready to go when the presentation begins.
- IF YOU ARE HAVING TROUBLE LOGGING INTO THE WEBINAR, please call the CPA Crossings Customer Service Team at (877)-370-2220 Ext. #1.
Prices
- Member (Early Bird)
- $89.00
- Non-Member (Early Bird)
- $89.00
- Member
- $89.00
- Non-Member
- $89.00