March 21, 2023

Webinar

2 CPE

Webinar (CPA Crossings): Self-Rental Real Estate: Passive Activity & Section 199A

March 21, 2023
Webinar
2 CPE

Webinar (CPA Crossings): Self-Rental Real Estate: Passive Activity & Section 199A

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    Instructor

    Steve
    Dilley

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    Steve Dilley, CPA, JD, PhD

    Bio

    Steve is President of Federal Tax Workshops, which has prepared and presented CPE materials for accountants and attorneys throughout the country for over 40 years. He is also a retired professor of accounting at Michigan State University.

This program presents a detailed analysis of the self-rental passive activity rules, including forms reporting examples and integrates them with the 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…

  • Apply the passive activity and flow-through entity rules for “self-rental property” and show how these situations should be reported on various tax forms

Major Topics

The major topics that will be covered in this class include:

  • Definition of self-rental property – both for 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
  • Form 8582 (passive activity)
  • The flow-through entity grouping election
  • Illustrative examples and consequences of failing to comply with the reporting standards
  • Self-rental property and “former passive activities” rules

CPE Credits Available

2 CPE
2
Taxes

Things to Know About This Course

Course Level

  • Intermediate

Prerequisites

Basic working knowledge of real estate taxation.

Advanced Preparation

This webinar is produced by CPA Crossings. 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

CPAs working in public accounting and members in industry.

Provider

CPA Crossings, LLC

This event has ended.