Winning Tax Strategies for Real Estate Professionals
Description
Learn how material participation rules can significantly impact the tax treatment of your real estate activities. This course explains the IRS tests for material participation, how to distinguish active from passive activities, and strategies for documenting participation to maximize tax benefits. A detailed analysis of the self-rental passive activity rules will be given, including forms reporting examples and integrates them with the flow-through entity rules related to self-rental.nnThis event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Objective
After attending this presentation, you will be able to... Identify the passive activity and flow-through entity rules for and show how these situations should be reported on various tax forms. Apply planning strategies and address potential pitfalls.
Attendee Information
Steven C. Dilley, CPA, JD, PhD
Required Knowledge
Basic working knowledge of business and real estate taxation.
Who Should Attend
CPAs working in public accounting firms and members in industry.
Credit Types
- CPE – Taxes
The North Carolina Association of Certified Public Accountants is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org/.For information regarding refund, complaint, program cancellation or other policies, visit our Registration Policies page or call 800-469-1352.