After attending this presentation you will be able to…

• Demonstrate a working knowledge of the passive activity and flow-through entity rules for “self-rental property”
• Show how these situations should be reported on various tax forms

The major topics covered in this class include:

• Definition of self-rental property, both Sections 199A and 469
• 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 webinar is produced by CPA Crossings. You will receive your login link/instructions and Certificate of Attendance directly from this third-party vendor. It is important that you review your COCPA confirmation for details on receiving your login instructions and COA from said vendor.