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Passive Activity Losses (PAL): Comprehensive Webinar


Nov. 7
9:30 a.m. - 5:00 p.m.

CPE Credits



PICPA Member: $245 | Nonmember: $345

 More Information

Course No.
General knowledge of individual/business income taxation and how they relate to passive activity laws.


  • Identify activities subject to the PAL rules and the exceptions to them, including those for certain real estate professionals.
  • Define a passive activity, rental and trade or business under IRC Sec. 469.
  • Outline seven ways to materially participate in an activity and six exceptions to the definition of a rental activity.
  • Calculate the passive activity income and losses allowed and the tax ramifications of passive activity dispositions.
  • Recognize what passive activity investments are potentially subject to the 3.8% net investment income tax under IRC Sec. 1411.


Passive activity loss (PAL) rules have never been more important in federal tax reporting. This course provides a comprehensive and complete review of the laws and regulations impacting PALs including the rules governing rental real estate, grouping and the 3.8% net investment income tax. The IRS is actively auditing the failure to properly report passive losses, you and your clients can’t afford to be left behind.


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