Self-Rental Real Estate: Passive Activity & Section 199A
Available Until
On Demand Only
2.00 Credits
Member Price $59.00
Non-Member Price $84.00
Overview
This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental.
Highlights
- 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
- Form 8582 (passive activity)
- The flow-through entity grouping election
- Illustrative examples and consequences of failing to comply with the reporting standards
- Self-rental property and "former passive activities" rules
Prerequisites
Basic working knowledge of real estate taxation.
Designed For
CPAs working in public accounting and members in industry.
Objectives
- Apply the passive activity and flow-through entity rules for "self-rental property" and show how these situations should be reported on various tax forms
Preparation
None
Non-Member Price $84.00
Member Price $59.00