Real Estate Professionals: Passive Activity Rules
Total Credits: 2 including 2 Taxes - Technical
- Average Rating:
- Not yet rated
- Categories:
- ACPEN Tax Institute | IRS Approved | Tax
- Faculty:
- Steven C. Dilley, CPA, JD, PhD
- Course Levels:
- Intermediate
- Duration:
- 2 Hours
- License:
- Expires 30 day(s) after program date.
Description
When do they exist and how to report them? This program will provide a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrates those rules with when real estate is considered a "business" under the Section 199A flow-through entity deduction.
*Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com
Basic Course Information
Major Subjects- Definition, pros and cons of being a real estate professional
- Integration of the real estate professional rules with reporting on Form 1040, Schedule E
- Real estate professionals and indirectly owned (partnerships, S corporations) entity's reporting on Form 1040
- How "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules
Learning Objectives
- Identify the passive activity and flow-through entity rules for "real estate professionals" and show how these situations should be reported on various tax forms
- Apply planning strategies and address potential pitfalls
Course Materials
| IMPORTANT_CPE Credit Instructions_Read Before Webcast_Updated_2_2025 (442.6 KB) | Available after Purchase | ||
| Real Estate Professionals: Passive Activity Rules Handout (4.2 MB) | Available after Purchase | ||
| IRS Credit Instructions (267 KB) | Available after Purchase | ||
Faculty
Steven C. Dilley, CPA, JD, PhD Related Seminars and Products
Steven C. Dilley, CPA, JD, PhD is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.
Dates
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Wed, May 28, 2025 - 11:00 AM to 12:48 PM EDT
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Wed, Jun 04, 2025 - 1:00 PM to 2:48 PM EDT
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Sat, Jun 14, 2025 - 3:00 PM to 4:48 PM EDT
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Mon, Jun 30, 2025 - 5:00 PM to 6:48 PM EDT
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Tue, Jul 08, 2025 - 9:00 AM to 10:48 AM EDT
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Fri, Jul 25, 2025 - 11:00 AM to 12:48 PM EDT
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Thu, Aug 07, 2025 - 1:00 PM to 2:48 PM EDT
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Tue, Aug 26, 2025 - 3:00 PM to 4:48 PM EDT
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Tue, Sep 09, 2025 - 5:00 PM to 6:48 PM EDT
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Mon, Sep 22, 2025 - 9:00 AM to 10:48 AM EDT
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Wed, Oct 08, 2025 - 11:00 AM to 12:48 PM EDT
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Thu, Oct 23, 2025 - 7:00 PM to 8:48 PM EDT
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Tue, Nov 04, 2025 - 3:00 PM to 4:48 PM EST
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Wed, Nov 19, 2025 - 5:00 PM to 6:48 PM EST
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Tue, Dec 09, 2025 - 9:00 AM to 10:48 AM EST
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Sat, Dec 20, 2025 - 11:00 AM to 12:48 PM EST
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Fri, Dec 26, 2025 - 1:00 PM to 2:48 PM EST
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Thu, Jan 08, 2026 - 3:00 PM to 4:48 PM EST
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Fri, Jan 23, 2026 - 5:00 PM to 6:48 PM EST
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Wed, Feb 04, 2026 - 9:00 AM to 10:48 AM EST
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Thu, Feb 19, 2026 - 11:00 AM to 12:48 PM EST
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Thu, Mar 05, 2026 - 7:00 PM to 8:48 PM EST
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Sat, Mar 28, 2026 - 3:00 PM to 4:48 PM EDT
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Wed, Apr 08, 2026 - 5:00 PM to 6:48 PM EDT
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Tue, Apr 21, 2026 - 9:00 AM to 10:48 AM EDT
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Additional Info
Basic Course Information
Prerequisites Basic working knowledge of business and real estate taxationAdvanced Preparation
None
Designed For CPAs working in public accounting firms and members in industry
Original Recording Date 04/2025
Yellow Book No
Course Developer Federal Tax Workshop
Date Added to Catalog 03/11/2025
Additional Information
Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Instructional Delivery Method Live Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or help@acpen.com if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.