Self-Rental Real Estate: Passive Activity & Section 199A
Monday, February 03, 2025
Webcast or Webinar, Online
3:00 PM - 5:00 PM (opens at 2:30 PM) EST
2Credits
Technical Business
Registration is Open
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$89.00 Regular Price
Non-Members
$119.00 Regular Price
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Course Type: Webcast
Course Code: 24/CX46299
Level: Intermediate
Vendor: CPA Crossings, LLC
Field of Study: Taxes
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. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.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
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