Expert tax instructor, Greg White CPA, presents this 2-hour on-demand webinar designed to help practitioners identify which clients qualify as real estate professionals and how to apply the material participation tests to these clients. Also covered during this session is a discussion of the special passive activity rules that apply to real estate, and the special active participation rule.
Named by CPA Magazine as a “Top 50” IRS practitioner, Greg’s timely analysis, planning tips, and entertaining style makes this session a must for practitioners.
Course Publication Date:
November 25, 2019
This course is available with
NO ADDITIONAL FEE if you have an active
self study membership or
all access membership or
webinar membership or can be purchased for
$20.00!
| Author: | Greg White |
| Course No: | TAX-REALPASS-14059 |
| Recommended CPE: | 2.00 |
| Delivery Method: | QAS Self Study |
| Level of Knowledge: | Basic |
| Prerequisites: | None |
| Advanced Preparation: | None |
| Recommended Field of Study: | Taxes
Webinars - On Demand
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Learning Objectives
- Identify the types of occupations that typically qualify an individual as a real estate professional.
- Identify areas that IRS auditors are instructed to review in the case of taxpayers who claim to be real estate professionals.
- Compute whether a taxpayer meets the 50% and 750-hour tests to be a real estate professional.
- Identify benefits and drawbacks of electing to aggregate rental activities.
- Recognize the impact on the net investment income tax of qualifying as a real estate professional.
- Identify the effects of qualification as a real estate professional on the material participation rules that affect rental properties.