ACPEN Signature: 2020 Real Estate Taxation after Tax Reform (8 hours)

Few areas have been affected by tax reform more than real estate, and few areas have more unresolved questions after tax reform.  From the proper application of the 199A rules to commercial rental real estate to complex rules on the interest expense limitation to changes in the rules for investment expenses, practitioners have more than their fair share of unresolved issues.  Even formerly straight forward issues like depreciation versus expensing require added attention and thought.   The new qualified opportunity zone rules are complex and challenging although the rewards can be incredible.  Join our panel of national experts as they help you make sense of rules for real estate professionals, 199A, depreciation, expensing, special rules for homes, like-kind exchanges, interest expense limits and qualified opportunity zones

• Real Estate Professionals under the PAL rules versus requirements for a Real Estate Business under 199A
• 199A application to real estate
• ?Depreciation and expensing planning after tax reform
• Home sales, home rentals, vacation rental rules, home office rules, and related depreciation recapture rules
• 1031 exchanges
• 163(j) interest expense limitation and electing real estate businesses
• Qualified opportunity zones
• Qualified nonrecourse debt under the basis and at risk rules