November 14, 2023


8 Total CPE Credits


Webinar (CA): Passive Activity Losses (PAL): Comprehensive 2023

  • Instructor

    Troy Lewis

Learning Objectives

• Identify trade or business activities subject to the PAL rules and how the general PAL rules operate.
• Determine the PAL rules that apply to the ownership of real estate .
• Recognize the seven material participation methods of qualifying for active status.
• Learn the six anti-abuse PAL rules that would recharacterize an otherwise passive gain as being active.

Major Topics

• Overview of the four loss limitation rules and how the PAL rules interact with the other limitations
• Definition of a PAL including a detailed review of the 7 determining factors contained in the Treasury Regulations with a review of several recent court decisions that interpret this regulation
• Impact of PAL rules on real estate ownership
• Learn the six Nonshelterable Passive Activity (NOPA) rules that act as anti-abuse rules to the PAL rules
• Discuss how the PAL rules impact tax credits
• Discuss tax elections and planning techniques associated with PALs

CPE Credits Available

Total CPE

Things to Know About This Course

Course Level

  • Intermediate


General knowledge of individual/business income taxation and how they relate to passive activity laws.

Advanced Preparation

This webinar is produced by CalCPA. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.

Intended Audience

Tax professionals, CPAs, accountants, and other financial professionals looking to expand and update their understanding and knowledge.


California CPA Education Foundation

Register For This Event

  • COCPA Member

    $ 299 299
  • COCPA Non-Member

    $ 399 399
    Your Price

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