Compass Tax Educators

This course outlines common rental real estate problems and tax inefficiencies, and potential solutions and strategies to those problems.

Learning Objectives

• Define the implications of holding rental property in different types of entities
• Outline strategies a taxpayer can consider to release suspended passive rental losses.
• Explain how to correct common depreciation errors on Form 3115 with a §481(a) adjustment.
• Explain how a taxpayer can properly trace and deduct interest to a rental activity.

Education Information
IRS Program Number: NMVBP-T-00273-24-S
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: Basic understanding of Rental Real Estate Taxation
Program Level: Intermediate
Delivery Method: QAS Self-Study (NASBA); On-Demand (IRS)
Field of Study: Taxes (NASBA); Federal Tax Topic/Federal Tax Related Matter (IRS)
Credit hours: 2 NASBA CPE / 2 IRS CE

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Course expires one year after purchase.

Instructor: Thomas Gorczynski, EA, CTP, USTCP and Natalie Kolodij, EA Click here to learn more about the instructors.

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.