Virtual Activities
Virtual Activities
Content Created:
Product ID:
Credits awarded per Session. See individual Sessions for further details.
Credits awarded
Sub type

About this item

This program will provide 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.

The major topics covered in this class include:

- Definition of a real estate professional

- Pros and cons of being a real estate professional

- Integration of the real estate professional rules with reporting on Form 1040, Schedule E

- Real estate professionals and indirectly owned (partnerships, S corporations) entity's reporting on Form 1040

- How "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules

- Real estate professionals and the Form 8582 (Passive Activities)

- How to make the "grouping" election for passive activities and the flow-through deduction

- Several real-life situations illustrating the various possibilities and the consequences of failing to comply with the real estate professional standards

- Real estate professionals and the "former passive activities" rules

Who will benefit: CPAs working in public accounting firms and members in industry.

This webcast is hosted on CPA Crossing's platform. Attendees will receive instructions on how to attend the webcast via e-mail.

Shopping Cart
Total:  Close

Loading Shopping Cart Items...