Description
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.
Objective
To provide a working knowledge of the passive activity and flow-through entity rules for "self-rental property" and show how these situations should be reported on various tax forms.
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 * Self-rental property and the Form 8582 (passive activity) * Self-rental property and the flow-through entity grouping election * Several real-life situations illustrate the various possibilities and discuss the consequences of failing to comply with the reporting standards * Self-rental property and "former passive activities" rules.
Who Should Attend
CPAs working in public accounting and members in industry.
Required Knowledge
Basic working knowledge of real estate taxation.
Advanced Prep
None
Event Speaker(s)
Additional Event Information
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Also Available As
Tuesday, August 30, 2022 (1:00 pm–2:40 pm ET)Register >>
Friday, October 14, 2022 (1:00 pm–2:40 pm ET)Register >>
Monday, December 19, 2022 (1:00 pm–2:40 pm ET)Register >>
Thursday, January 12, 2023 (1:00 pm–2:40 pm ET)Register >>
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Registration Fees
| Registration | Early Bird | Regular |
|---|---|---|
| NCACPA Member | N/A | $85.00 |
| Non-Member | N/A | $110.00 |
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