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Friday, August 25, 2023 Live Webcast

Real Estate Professionals, Passive Activity and Section 199A (X2-37233)

2:30 PM - 4:30 PM EDT
webcast

Vendor Platform

2 CPE Credits in TX

OVERVIEW

This program will provide a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrates those rules with when real estate is considered a "business" under the Section 199A flow-through entity deduction. 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 firms and members in industry.

BENEFITS

After attending this presentation you will be able to...

  • Apply the passive activity and flow-through entity rules for real estate professionals and show how these situations should be reported on various tax forms

HIGHLIGHTS

The major topics covered in this class include:

  • Definition of a real estate professional
  • Pros and cons of being a real estate professional
  • Integration of the real estate professional rules with reporting on Form 1040, Schedul

COURSE LEVEL

Intermediate

PREREQUISITES

Basic working knowledge of real estate taxation.

ADVANCE PREPARATION

None

INSTRUCTOR

Steven Dilley

Steven C. Dilley, CPA, J.D., Ph.D.

Steven C. Dilley, CPA, J.D., Ph.D. is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his Ph.D. in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.