Preparing Taxes for Real Estate Professionals On-Demand webinar

Summary

Many taxpayers took advantage of the current housing market to venture into owning real estate. However, to be classified as a real estate professional by the IRS, one must pass the yearly qualification tests. This course will identify the required factors to be considered as a real estate professional, and how to apply special active participation, material participation and passive activity rules.

Webinar preview

Objectives

Upon completion of this course, you will be able to:

• Identify when an individual is classified as a real estate professional
• Summarize the pros and cons of grouping rental activities
• Identify the special active and material participation rules relating to the real estate professional
• Summarize the passive actively rules as they relate to real estate professionals and taxpayers who do not qualify as a real estate professional

Course Details

This on-demand webinar includes the presentation slides, exam questions, recording of the webinar broadcast with review questions, and attendee top questions. CPE is issued after exam is successfully completed.