Webcast: Real Estate Professionals (REPs) A Detailed Look at How the Passive Activity (XCREP17)
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Get up to speed quickly with the complex passive activity rules that apply to real estate professionals.

 Export to Your Calendar 7/24/2017
When: 07/24/2017
1:00 PM until 3:00 PM
Where: Webcast
CALCPA
4173396Z
United States
Presenter: J Patrick Garverick, CPA, MT, CFP


Online registration is available until: 7/22/2017
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Acronym XCREP17
CPE 2 hours
Vendor CalCPA
Category
Taxation
Level Intermediate
Prerequisite General knowledge of individual/business income taxation and how they relate to passive activity laws.
Adv Prep None
Yellow Book? No
Designed for Tax professionals that need an in-depth training on the passive activity real estate professional rules.
Registration
Member $60
CPA Non-Member $94

The Member rate applies to LCPA members, other state society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description

Get up to speed quickly with the complex passive activity rules that apply to real estate professionals.

Materials are provided as an ebook for this course.

Objectives

  • Identify who is a real estate professional and how the passive activity rules apply to their rental real estate activities.
  • Recognize the rental real estate activities potentially subject to the 3.8% net investment income tax under IRC §1411.

Major Topics

  • Review the real estate professional (REP) and material participation rules
  • Discuss the REP election to group all rentals as a single activity
  • Look at how the 3.8% net investment income tax under §1411 applies to rental real estate activities