Tax incentives for clients who own real estate are significant under the tax reform bill but can be easily overlooked, and there are also traps to watch out for. At this one credit class, financial professionals will learn about:
• basics of business organizations for real estate for income tax purposes
• passive activity rules and real estate professional status
• basics of the at-risk rules
• basics of the Section 163(j) interest limitation
• basics of the Section 461(l) limitation
• Section 199A deductions and real estate
• the impact on the NIIT
• trusts and real estate
• bonus depreciation and Section 179(d)
• basics of the Section 754 election
• Section 179D and the investment tax credit
• basics of whether an expense must be capitalized – the Repair Regulations
This webinar is eligible for one hour of CE credit towards the CIMA® and CPWA® certifications, CFP® CE, PACE credit toward the CLU® and ChFC® designations, IRS EA CE and live CPA CPE credit.