This just recorded seminar presents a complete review and tax analysis for practitioners with clients involved in any type of real estate. This course is geared to both the uninitiated and the most sophisticated real estate practitioner. New tax strategies are highlighted. Topics include: passive activity status; real estate professional rules; cost segregation; depreciation; Section 179D; excessive business loss limitation, and more. This is a must attend seminar.

Topics & Learning Objectives Include:

Real Estate Professional Status:

• • Criteria for qualifying as a real estate professional.
  • Tax advantages of obtaining real estate professional status.
  • Activities that count towards material participation.

Material Participation:

• • Tests to determine material participation.
  • Examples of activities that qualify for material participation.
  • Importance of tracking hours and maintaining proper documentation.

Cost Segregation:

• • Cost segregation and its benefits.
  • Process of conducting a cost segregation study.
  • Potential tax savings and accelerated depreciation benefits.

Bonus Depreciation:

• • What bonus depreciation is and its current rate.
  • Eligibility criteria for assets qualifying for bonus depreciation.
  • Assets that can benefit from bonus depreciation.

Section 179D:

• • Section 179D deduction for energy-efficient buildings.
  • Requirements for qualifying for the deduction.
  • Potential tax savings for building owners and designers.

Excessive Business Loss Limitation:

• • Excessive business loss limitation rule.
  • Impact of the rule on individual taxpayers.
  • Strategies to mitigate the impact of the excessive business loss limitation.