New
21WX-0865: Real Estate Professionals, Passive Activity and Section 199A (Webinar)
If you have questions about this event, please call us at 952-831-2707.
Tuesday, June 29, 2021
9:00am - 11:00am Central Time
2 CPE (2 technical)
When do the rules exist and how do you report them? This program provides a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrates those rules with when real estate is considered a "business" under the Section 199A flow-through entity deduction. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Major subjects
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The major topics covered in this class include:
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Definition of a real estate professional, including pros and cons
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Integration of the real estate professional rules with reporting on Form 1040, Schedule E
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Real estate professionals and indirectly owned (partnerships, S corporations) entity's reporting on Form 1040
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How a "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules
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Real estate professionals and the Form 8582 (passive activities)
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How to make the "grouping" election for passive activities and the Section 199A deduction
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Several real-life situations illustrating the various possibilities and the consequences of failing to comply with the real estate professional standards
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Real estate professionals and the "former passive activities" rules
Learning objective(s)
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Provide a working knowledge of the passive activity and flow-through entity rules for real estate professionals
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Demonstrate how these situations should be reported on various tax forms
Who should take this program?
CPAs in public practice and members in industry.
Fees
Our records indicate
you are a
nonmember.
If you register, you will be charged
$79.00
(Standard Nonmember Fee).
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Standard Member Fee |
$79.00
|
Standard Nonmember Fee |
$79.00
|