Learn income tax preparation related to rental property form a certified public accountant (CPA)
What you will learn:
Explain what is new for the current year
Discuss what is included in rental income
Describe when to report rental income
Explain accounting methods
Describe common rental expenses or deductions
Discuss how personal use of property can impact the amount of expenses to report
Explain what depreciation is and how it applies to rental property
Discuss what rental property can and cannot be depreciated
Describe limitations on rental losses, at-risk rules, and passive activity limits
Enroll Here:
What you will learn:
Explain what is new for the current yearDiscuss what is included in rental incomeDescribe when to report rental incomeExplain accounting methodsDescribe common rental expenses or deductionsDiscuss how personal use of property can impact the amount of expenses to reportExplain what depreciation is and how it applies to rental propertyDiscuss what rental property can and cannot be depreciatedDescribe limitations on rental losses, at-risk rules, and passive activity limitsEnroll Here: