Courses

Surgent's Max the Tax: Schedule E Download

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Member Price: $49.00 Non-Member Price: $64.00

Developer:: SURGENT MCCOY SELF-STUDY CPE, LLC
CPE Credits:: Taxes: 1.00
Fields of Study:: Taxes
Level:: Basic

You just received an email from Roni, a prospective new client. He owns several properties under the business name Roni's Real Rentals LLC and wants help minimizing rental income and maximizing deductions that offset the rental income. You will interview Roni and visit his two properties to gain a better understanding of his situation. Advise Roni by providing him good and relevant ideas, and he will ask you to be his new tax accountant.

Objective

Understand what qualifies as supplemental / rental income on Schedule E
<span data-ccp-props="{'201341983':0,'335559739':160,'335559740':259}" class="eop"> Understand what qualifies as expenses to report on Schedule E

Highlights

Business development
Types of properties
Rental property use
<span data-contrast="auto" xml:lang="EN-US">Rental expenses
Deductible expenses
Repairs and maintenance
Capitalization of expenses
Depreciation
Accounting methods
Treatment of security deposits

Designed For

Tax practitioners desiring an interactive approach to learn key tax knowledge

Prerequisite

Basic knowledge of tax accounting principles

Advanced Preparation

None