Crucial Real Estate Insights Part 3: §199A Deductions for Real Estate (Completed)

Date: Wednesday, July 15, 2020
Instructor: Greg White
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs

Join Greg White, CPA, as he covers crucial strategies for maximizing the QBID for real estate. The deep dive into this topic will include the QBID treatment of rental real estate generally and for triple net lease property, maximizing UBIA (the “property” factor), and aggregation of rental properties.

Topics Covered

  • Section 199A for rental real estate
  • Revenue Procedure 2019-38 "safe harbor" for rental real estate
  • The property factor for real property (the "UBIA")
  • Maximizing the unadjusted basis immediately after acquisition ("UBIA") for real property
  • Aggregating rental properties

Learning Objectives

  • Identify strategies for maximizing the QBID on real estate
  • Identify circumstances where the "safe harbor" for rental real estate may be beneficial to your clients
  • Recognize how to compute the property factor for real property (the "UBIA")
  • Describe how to maximize the UBIA for real property
  • Identify appropriate circumstances for aggregating rental property for QBID purposes

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None

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