Customer Service: 800-778-7436     

To access your product click the Log In link at the top right of the screen. Once inside your account, you will be able to access your Packages, Self-Study Product, and Webinar Registrations.

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Real Estate for Accounting and Finance Professionals (RLE2)

Thursday, December 26, 2024
02:00 PM - 04:00 PM (Eastern)

Daniel Johnson

  • Format Webinar
  • Credits 2.00
  • Level Basic
  • Field of Study Taxes (2)

$119.00

Buy Now

Overview

Explore the intricacies of federal income taxation as it intertwines with rental real estate activities. This course delves into the calculation of rental income, understanding the nuances of deductions, and unraveling the complexities of passive activity loss rules. Whether it's mastering Schedule E or understanding Congress' intent behind tax laws, professionals will leave with an enriched understanding.

Major Topics:

  • Rental income and expense calculation and reporting
  • Deciphering Schedule E (Form 1040)
  • Nuances of vacation home rules
  • Passive activity loss rules: foundations and implications
  • Active vs. material participation in rental activities
  • Tax reporting: how to group passive activities
  • Limitations on passive losses: at-risk rules and deductions
  • Classifying rental real estate activities
  • Navigating exceptions in rental real estate taxation

Learning Objectives

  • Effectively compute rental income and expenses
  • Decode the implications of renting out vacation homes
  • Navigate different tax forms including Schedule E and Schedule A
  • Unravel the complexities of passive activity loss rules and their foundational reasoning
  • Differentiate between active and material participation
  • Understand the nuances in grouping passive activities for tax purposes
  • Navigate the primary limitations on deductibility of passive losses
  • Dive into the influence of at-risk rules on deductions and taxable income
  • Recognize when and how real estate activities are classified as active businesses
  • Identify scenarios for applying individual investor exceptions in passive activity loss rules
  • Analyze Section 199A QBI deduction and safe harbor rules for real estate professionals

Who should take this course:

Accounting and finance professionals seeking a comprehensive understanding of the intersections between rental real estate and federal income taxation

None

None

Yes

No

No

loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:

GO BACK
CHECK OUT NOW

Loading...

QAS Approval Surgent
IRS Approval Surgent
CFP Approval Surgent
CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.