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Self-Rental Real Estate: Passive Activity & Section 199A

Available Until

On Demand Only

2.00 Credits

Member Price $59.00

Non-Member Price $84.00

Overview

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.

  • Speaker - Steven C. Dilley, CPA, JD, PhD
  • Highlights

    • 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

    Prerequisites

    Basic working knowledge of real estate taxation.

    Designed For

    CPAs working in public accounting and members in industry.

    Objectives

    • 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

    Preparation

    None

    Non-Member Price $84.00

    Member Price $59.00