Landlord Tax Guide (CPE Course)

CPE Credit: 1.5 hours

Course Type: Downloaded PDF materials with online test

Price (with PDF Textbook): $20

Course Description
The ability of a landlord to earn a profit can be dependent on having a reasonably detailed knowledge of the tax law. This is because the law is replete with benefits for landlords. In the Landlord Tax Guide, we summarize the key tax issues that make the difference between generating a profit or a loss, including taxable deductions, passive activity losses, acquisition costs, the sale of real estate, depreciation recapture, and much more.
Note: This course shares some material with the Real Estate Tax Guide course.

Author: Steven Bragg

Course Number: TX1044

IRS Program Number: 72821-T-00071-24-S

Learning Objectives:

  • Recognize the expenses that a landlord classified as an investor cannot take as a tax deduction.

  • Identify the costs to include in the basis of a property.

  • Specify the tax impacts of various mortgage financing situations.

  • Recognize which landlord transactions must be recognized in the current year, and which ones must be capitalized.

  • Identify the asset classifications in the MACRS depreciation table.

  • Specify how the passive activity loss rules apply to a landlord.

Level: Overview

Instructional Method: QAS Self-Study

NASBA Category: Taxes

Prerequisites: None

Advance Preparation: None

Latest Review Date: April 2024

Program Registration Requirements: Click on "Purchase Course" near the top of this page to pay for and access the course. You will then be able to download the course as a PDF file, then take an on-line examination, and then download a certificate of completion if you pass the examination.

Program Refund Policy: For more information regarding administrative policies concerning complaints, refunds, and other matters, see our policies page.

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AccountingTools, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

The NASBA sponsor identification number for Accountingtools, Inc. is 115881.

AccountingTools is an IRS Approved Continuing Education Provider. We are compliant with the requirements for continuing education providers (as described in sections 10.6 and 10.9 of the Department of Treasury’s Circular No. 230 and in other IRS guidance, forms, and instructions). Our IRS Approved Continuing Education Provider number is 72821.