Help  |  Pay an Invoice  |  My Account  |  CPE Log  |  Log in

20SS-0175: Surgent's Tax Aspects of Home Offices and Vacation Homes (Self-Study)

Valid for one year from purchase date
Self-study - Downloadable PDF
2 CPE (2 technical)  |  2 IRS CE

If the organization paying for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

Add to cart

Alternate dates & more options

The purpose of this course is to provide a practical and in-depth analysis of the significant tax planning advantages and strategies related to owning a principal residence for use as a home office and/or vacation home for upper income taxpayers.

Major subjects

  • Mixed use of a residence: how deductions are limited in rental situations
  • Home office: qualification and calculation
  • Strategies and planning for renting your principal residence instead of selling it
  • Why buying a vacation home can be a very smart investment
  • Should you rent or just use your vacation home? Opportunities and pitfalls
  • Rules for using like-kind exchanges on principal residences and vacation homes
  • Understanding the tax rules for acquisition indebtedness and home equity indebtedness
  • Maximizing your interest expense deduction in light of limitations in the tax code

Learning objective(s)

  • Distinguish a pure residence from a mixed-use residence and how Section 280A applies
  • Discuss the application of Section 280A to a vacation home that is also rented out during part of the year
  • Identify the issues related to the use of the residence as a home office

Who should take this program?

CPAs who want to assist clients with the home office deduction and/or vacation home issues

Fees

Our records indicate you are a nonmember. If you register, you will be charged $39.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.
Standard Member Fee $39.00
checkmark Standard Nonmember Fee $39.00

More program information

Area
of study
Taxation
Field(s)
of study
Taxes - Technical (2.0)
Level Basic
Format Self-study - Downloadable PDF
Sponsor Surgent
NASBA ID#: 103212
Prerequisites Prereq. A basic course in individual income tax and in tax return preparation
Advance
prep
None

If the organization paying for the purchase is exempt from sales tax, call us at 952-831-2707 to complete your purchase.

Add to cart

Not a member? Join the MNCPA to start saving on CPE and accessing members-only benefits.

Search CPE catalog