Webinar: Real Estate for Accounting and Finance Professionals
WS1102 | Course | Basic | Scheduled
Description
Explore the intricacies of federal income taxation as it intertwines with rental real estate activities. This course delves into the calculation of re
Credits
| Number of Credits | Type of Credits |
|---|---|
| 2.00 | Taxes |
Designed For
Accounting and finance professionals seeking a comprehensive understanding of the intersections between rental real estate and federal income taxation
Prerequisites
None
Highlights
- Rental income and expense calculation and reporting
- Deciphering Schedule E (Form 1040)
- Nuances of vacation home rules
- Passive activity loss rules: foundations and implications
- Active vs. material participation in rental activities
- Tax reporting: how to group passive activities
- Limitations on passive losses: at-risk rules and deductions
- Classifying rental real estate activities
- Navigating exceptions in rental real estate taxation
Objectives
- Effectively compute rental income and expenses
- Decode the implications of renting out vacation homes
- Navigate different tax forms including Schedule E and Schedule A
- Unravel the complexities of passive activity loss rules and their foundational reasoning
- Differentiate between active and material participation
- Understand the nuances in grouping passive activities for tax purposes
- Navigate the primary limitations on deductibility of passive losses
- Dive into the influence of at-risk rules on deductions and taxable income
- Recognize when and how real estate activities are classified as active businesses
- Identify scenarios for applying individual investor exceptions in passive activity loss rules
- Analyze Section 199A QBI deduction and safe harbor rules for real estate professionals
Preparation
None
Notes
This webinar is provided by Surgent. After registering for the course, you will receive an email from Surgent with instructions for logging in to the webinar and obtaining your eMaterials.
You may confirm that your computer meets the minimum requirements by visiting: https://www.surgentcpe.com/webinartest/.
Prices
- Member (Early Bird)
- $119.00
- Non-Member (Early Bird)
- $119.00
- Member
- $119.00
- Non-Member
- $119.00