2024 Real Estate Tax Laws and Rental Property Rules Part 1

(2 Credit Hours of Federal Tax Law)

Instant Access
$54.97

Unlock the Full Potential of Real Estate Investments with Insider Tax Strategies

Is your client getting the full tax benefit from their real estate investments? Our detailed course covers strategic ownership choices, the advantages of depreciation, methods for deferring taxes, and other key tactics to enhance the profitability of real estate investments, making it perfect for Tax Preparers and Enrolled Agents. Join Doug Stives, CPA, for a two-hour course as he delves into lesser-known tax perks and essential tactics for optimizing returns from real estate and rental properties.

In this course, you'll discover:

  • Learn which entities offer the best protection and tax advantages for owning real estate and how to avoid common pitfalls.
  • Understand the nuances of IRC Sections 168 and 179 to optimize your property's depreciation and significantly reduce tax liabilities.
  • Explore strategies for deferring taxes on real estate gains, including the ins and outs of IRC 453, 1031, and 1033 exchanges.
  • Uncover the benefits within IRC 121 to turn your primary residence into a tax-saving tool.
  • Ensure you meet material participation rules to fully deduct your real estate losses and avoid the passive activity loss trap.

This course counts for 2 hours of IRS CE under the category of Federal Tax Law Related Matters.

About the Presenter:

Doug Stives is considered a worldwide leader in public and management accounting by AICPA &CIMA. He is a CPA, MBA, and full-time professor of Accounting at Monmouth University and a professional speaker at many organizations and conferences. Doug was honored as Monmouth's Outstanding Business Professor of the Year in 2009 and 2016 and was awarded an Outstanding Educator award in 2021 by the New Jersey Society of CPAs. Frequent media exposure includes The Wall Street Journal and other national publications and television, including CNN, CNBC, PBS, NBC, Fox, CBS, ABC, and several cable networks. Doug was once dubbed as the "Most Tax Efficient Man in America" by the Wall Street Journal.