Description
Please note: This course will expire on Wednesday, April 30, 2025 at 11:59 pm ET. Please complete the course AND submit credit before the deadline.
For licensing purposes, all CPE applies to the calendar year in which a course was taken and completed.
Save a copy of your Certificate of Completion for your records. Once submitted, your CPE hours will also reflect in your official CPE transcript.
The taxation of real estate is tricky. Taxpayers can own real estate in a number of different ways, including direct and indirect investments. There are numerous exceptions to being classified as a rental activity too. And how do you know if someone is a real estate professional? In this course, we will explore all of these issues and many more! Through real-world examples and discussion, this episode in our Understanding Real Estate Taxation series will delve into exceptions to rental status, qualifications for material participation, and requirements for active status.
Event Level: Intermediate
Who Should Attend: Tax and financial advisors who have clients who own rental real estate
Required Knowledge: Basic understanding of tax rules for rental property, capital gains, and passive activities
Advanced Preparation: Basic understanding of tax rules for rental property, capital gains, and passive activities
Vendor: Peters Professional Education
Speaker: Peters, David
Objective
* Recognize which rental activities are exceptions to the rental status classification * State the qualifications for material participation * Identify the qualifications for being a real estate professional * State which entities are exempt from the material participation rules
Credit Types
- Taxes: 2
Event Speaker(s)
- Enrolled Agent
Registration Fees
| Registration | Type | Price |
|---|---|---|
| On Demand (2 hours) | Members | $100.00 |
| On Demand (2 hours) | Non Members | $225.00 |
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.