2024 June Solutions Room: Rentals
Course Description
Rental real estate is common with all levels of taxpayers from individuals renting a single-family home to commercial ventures operating inside a partnership. While there is the common thread of real property, the tax considerations vary as greatly as the type of property. This session will address fundamental reporting issues including whether to report on Schedule E or Schedule C, deemed personal use limiting deductions under IRC 280A, and the importance of determining if the activity is a rental by definition for passive loss purposes. This session will provide you with a clear thought process on how to approach the reporting of the rental.
Learning Objectives
- Identify key characteristics of various types of rentals and the tax implications.
- Identifydeemed personal use and properly allocate between business and personal use, and limit rental expenses when applicable.
- Determine the proper forms required for reporting the rental activity.
- Identify which passive loss rules apply.
Presenters
Jane Ryder, EA, CPA
Jane Ryder, EA, CPA, is a nationwide professional educator.She writes and speaks on many income tax, business compliance, accounting, and tax representation topics.
Jane has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm, Brass Tax Ryder Professional Group, Inc., and consults with colleagues on tax matters, audits, and business planning.
Jane Ryder, EA, CPA, is a nationwide professional educator.She writes and speaks on many income tax, business compliance, accounting, and tax representation topics.
Jane has been providing tax preparation, accounting services, and tax collection resolution services since 1980. She runs her San Diego CPA firm, Brass Tax Ryder Professional Group, Inc., and consults with colleagues on tax matters, audits, and business planning.
Continuing Education
This course qualifies for IRS and CTEC Continuing Education Hours. NAEA reports IRS/CTEC CE on a monthly basis. If you have not received your CE Hours in your IRS PTIN Account by the end of the month after receiving the certificate, please contact NAEA at
education@naea.org. IRS Requirements for live webinars require at least 50 minutes per hour of attendance and answering 3 out of the 4 polling questions. For on-demand, you must watch the full video, answer the knowledge check, and pass the assessment with a score of 70% or above. No partial CE is offered.
Webinar Refund Policy
To request a refund, contact the NAEA education team via email at
education@naea.org. An NAEA education team member will review the request for a refund. If the refund request has been approved, the refund will be refunded on the same method of purchase. Live Webinars, also offered On-Demand will not be refunded.