Sec. 199A Cutting Edge Tax Strategies for Rental Real Estate (Completed)

Date: Monday, October 11, 2021
Instructor: Greg White
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

The §199A wage and property limits are expected to cost taxpayers $10.6 billion per year in extra federal income taxes. Learn the intricacies of these limitations and pick up some planning strategies to help reduce your clients’ taxes.

We’ll take a comprehensive, deep dive into the wage, property and other limits. We’ll cover tax planning strategies to maximize the §199A 20% QBID.
We’ll cover in depth:

How to measure the “property” factor.
o How to increase the property factor without losing tax deductions.
o How to compute the exact amount of property you need to maximize the QBID.

How to measure the “W-2 wage” factor.
o Should your S corporation clients be paid bonuses before year end to maximize the QBID?
 When can taking a bonus backfire?

How to use “aggregation” to maximize your client’s QBID.
o When to aggregate.
o When you shouldn’t aggregate.

Who Should Attend
New and experienced CPA’s who practice in the tax area or who need a better understanding of the tax law for other areas of practice.

Topics Covered

  • How to measure the "property" factor
  • How to measure the "W-2 wage" factor
  • How to use "aggregation" to maximize your client's QBID

Learning Objectives

  • Identify the amount of property basis necessary to optimize the QBID
  • Identify the amount of W-2 wages necessary to optimize the QBID
  • Recognize and apply the requirements to "aggregate" businesses
  • Identify situations when clients should take year-end bonuses (within the context of reasonable compensation)


Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites

Advance Preparation

 Chat — Books Support