Mar 2, 2021
Registration: 10:00 AM / Program: 10:30 AM - 12:30 PM Pacific Time
Fees
| Member Fee: | $0.00 |
| Nonmember Fee: | $0.00 |
Available Discounts
| AICPA Member: | None |
| Full time Accounting Educator: | None |
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.
This course qualifies for PTIN credit.
This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Designed For
CPAs working in public accounting and members in industry.
Objectives
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.
Major Subjects
- Definition of self-rental property
- 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
This event has already passed. If you have any questions, please contact us at 503-641-7200 or email profdev@orcpa.org.