Real Estate Rental Tax Update: Complete with In Depth §199A Planning (Completed)

Date: Wednesday, September 11, 2019
Instructor: Bradley Burnett
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Law Updates for EAs and OTRPs
2 hours Federal Tax Updates for CTEC

The Tax Cuts Jobs Act turns taxation of rental real estate on its ear. Some changes are good, some are bad (or, at least, potentially bad, if we don’t know what we are doing). The §199A deduction could be crazy good for rental income, but crazy bad for rental losses. §163(j) stands as an ominous threat, like an ominous storm on the horizon. Bonus and §179 have been revamped, but is that all good or dangerous for real estate rentals? The answers lie in the particular facts of the situation.

Who Should Attend
Anyone with the desire to be kept up to date with recent developments in the federal tax law affecting rental real estate.

Topics Covered

  • Does rental real estate qualify for §199A? Commercial? Residential? Triple net leases? Land leases?
  • Planning to maximize §199A deductions and avoid bloody hits
  • Explosion of cost recovery possibilities under newly revised §179 and bonus
  • Repair vs. Capitalize — How TCJA plays in
  • TCJA overhaul of like kind exchanges — Rental properties beware
  • §163(j) business interest expense limitation interplay
  • Cases, ruling, regulations and new legislation galore

Learning Objectives

  • Identify relevant recent federal tax law developments affecting real estate and its owners
  • Recognize how to apply TCJA's §199A, §163(j), and bonus depreciation


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of real estate rentals.

Advance Preparation

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