Tax Preparation 2020 (Form 1040) #7 Rental Income Sch. E
805 Residential Rental Property Introduction
807 Software Example Residential Rental Property Introduction
815 Rental Property Passive Activity Limits
817 Software Example Rental Property Passive Activity Limits
825 Exception for Rental Real Estate With Active Participation
827 Software Example - Exception for Rental Real Estate With Active Participation
835 Renting Part of Property
837 Software Example Renting Part of Property
845 Personal Use of Dwelling Unit - Including Vacation Home
805 Residential Rental Property Introduction
807 Software Example Residential Rental Property Introduction
815 Rental Property Passive Activity Limits
817 Software Example Rental Property Passive Activity Limits
825 Exception for Rental Real Estate With Active Participation
827 Software Example - Exception for Rental Real Estate With Active Participation
835 Renting Part of Property
837 Software Example Renting Part of Property
845 Personal Use of Dwelling Unit - Including Vacation Home
This course will focus on taxation related to rental income, generally reported on Schedule E.
We will consider passive activity limits as they relate to rental property and demonstrate the concepts using tax forms and tax software.
Learners will understand the impact of being an active participant with relation to rental property taxation.
The course will also cover situations where only part of a property is rented.