Checkpoint Learning

Course Detail

199A: Real Estate and the Safe Harbor Election  

CATEGORY: Taxation
COURSE ID: W555T, VERSION 1.00
(323)
Webinar
2 CPE Credits
Level: Update

This webinar focuses on application of the IRC Section 199A deduction as it pertains to clients who own rental real estate. For clients who own rental real estate, the IRS has provided guidance with a safe harbor under Notice 2019-07. This IRS notice and various requirements that the taxpayer must meet will be discussed at length including the 250-hour test for “rental services”, triple net leases, and treating rental real estate property as a stand-alone enterprise or the election to election to treat similar properties as an enterprise. The grouping rules here are quite different from the grouping rules under IRC Section 469. Planning opportunities as well as pitfalls will be discussed. Any late breaking developments in this area will also be discussed in this webinar. 

NOTE: The voluntary IRS Annual Filing Season Program (AFSP) requires that CE Sponsors collect PTINs from IRS professionals who wish to receive IRS credit. IRS PTIN holders (including Enrolled Agents) should enter their IRS PTIN into Checkpoint Learning so that course completions can be reported to the IRS. You do not need to enter your PTIN for each course you take; you only need to add it once. If you have any questions on how to do this, please contact us 800-231-1860.

THIS WEBINAR IS NOT ELIGIBLE FOR CTEC CREDIT.

Please contact a salesperson at 800.431.9025 to buy this course.
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