Rental Real Estate Taxation: Characterization, Passive Activity Rules, and Planning

Course Description:

This program provides a practical and structured overview of the federal income tax treatment of rental real estate activities, with a focus on activity characterization, loss limitations, and related planning considerations. The course follows the way these issues arise in practice, beginning with threshold determinations of passive versus nonpassive status and progressing through reporting, deduction timing, and disposition.

Participants will work through the core rules governing rental real estate, including material participation, real estate professional status, and the treatment of long-term rentals, short-term rentals, and mixed-use properties. The program also addresses depreciation elections and cost segregation as tax planning strategies.

The course concludes with a discussion of dispositions, suspended losses, and the coordination of qualified business income (QBI), net investment income tax (NIIT), and self-employment tax. Emphasis is placed on applying the rules to common fact patterns and developing a clear framework for planning, strategy, and analysis in…