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Self-Rental Real Estate: How to Integrate the New Rules Webinar

CPE

When
May 19
10:00 a.m. - 12:00 p.m.

CPE Credits
2-Tax

Details

 Pricing

PICPA Member: $79 | Nonmember: $104


 More Information

Course No.
FTSDRES2
Level
Intermediate
Prerequisites
Basic working knowledge of real estate taxation.
Note
This webinar is hosted by PICPA's partner, CPA Crossings, LLC. After registering, you will receive an email from messenger@webex.com with the log-in information.

Description

This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples, and integrates them with the Section 199A, flow-through entity rules related to self-rental. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Learning Objectives:

After attending this presentation you will be able to...

  • Demonstrate a working knowledge of the passive activity and flow-through entity rules for "self-rental property"
  • Show how these situations should be reported on various tax forms

Highlights

The major topics covered in this class include:

  • Definition of self-rental property, both 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)
  • Self-rental property and the flow-through entity grouping election
  • Several real-life situations illustrate the various possibilities and discuss the consequences of failing to comply with the reporting standards
  • Self-rental property and "former passive activities" rules


Speaker(s)


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