Crucial Real Estate Insights Part 3: §199A Deductions for Real Estate
Author: Greg White
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
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 and aggregation of rental properties. We'll also cover rental properties used for personal purposes (section 280A vacation homes). Finally, we'll cover self-employment tax for rental properties, including lengthy coverage of the exemption for rental property.
Publication Date: January 2025
Designed For
null
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")
- 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
- Describe how to maximize the UBIA for real property
- Identify appropriate circumstances for aggregating rental property for QBID purposes
- Identify the Revenue Ruling that addresses §513 not-for-profit "unrelated business income"
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
