THE 2024 SEASON PASS INCLUDES THIS COURSE.
Do NOT purchase this course separately if you buy a 2024 PASS.
This course delves into more advanced topics related to rental real estate activities. The unique tax aspects of short-term and medium-term rentals will be discussed, including when the income may be subject to self-employment tax. Additional topics of focus include cost segregation studies, real estate professional status, the §469 grouping election, and complex interactions between the §121 exclusion and rental activities.
Learning Objectives:
Describe the tax characteristics of short-term rental activities.
Explain the real estate professional exception to the §469 passive loss limitations.
Describe the tax consequences and potential tax savings from doing a cost segregation study on rental real estate.
Explain the requirements for two activities to be grouped under §469.
Education Information
IRS Program Number: NMVBP-T-00272-24-O
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: Basic understanding of Rental Real Estate Taxation
Program Level: Advanced
Delivery Method: Online Webinar/Group Internet Based
Field of Study: NASBA Federal Tax Topic; IRS Federal Tax Related Matter
Credit Hours: 2 NASBA CPE / 2 IRS CE
Instructor: Natalie Kolodij, EA Click here to learn more about this instructor.
All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here for more information regarding our refund and education policies.
