Residential Rental Property Tax Preparation 2021-2022

Learn income tax preparation related to rental property form a certified public accountant (CPA)

4.00 (6 reviews)
Udemy
platform
English
language
Taxes
category
Residential Rental Property Tax Preparation 2021-2022
5,102
students
5.5 hours
content
Jun 2022
last update
$84.99
regular price

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

Description

This course will focus on tax preparation related to rental real property.

We will look at each new concept from multiple angles, starting with a presentation discussing the topic and then looking at examples to better understand the concepts in action.

The example section will use tax forms to work problems and an accounting equation method using Excel so learners will understand the impact on the actual tax return and visualize the concepts using a tax formula.

We will start with an introduction to residential rental property and go over what’s new.

Learners will understand what constitutes rental income and expenses for a situation where there is no personal use of the dwelling. We will understand when to deduct and what the most common deductions are.

Learners will understand the concept of points and the tax implications.

The course will discuss the concept of depreciation, providing examples using tax forms and worksheets to solidify the information.

We will discuss the concept of basis and how it is calculated. Learners will understand what rental property can be depreciated and well as when depreciation should begin and end. The course will outline depreciation methods and how to determine the proper one for a particular situation.

We will also discuss reporting rental income, expenses, and losses. Learners will know which forms to use. The course will cover Schedule E and provide example presentations demonstrating the form.

We will also discuss loss limitation rules.

Content

Introduction & What’s New

9010 Residential Rental Property What’s New
9020 Residential Rental Property Introduction

Rental Income and Expenses

9030 Residential Rental Property Rental Income and Expenses (If No Personal Use)
9035 Residential Rental Property Rental Income and Expenses (If No Personal Use)
9040 Residential Rental Property Rental Income and Expenses (If No Personal Use)
9042 Residential Rental Property Rental Income and Expenses (If No Personal Use)

Depreciation of Rental Property

9060 Depreciation of Rental Property Part 1
9070 Depreciation of Rental Property Part 2
9080 Depreciation of Rental Property Part 3
9090 Depreciation of Rental Property Part 4
9100 Depreciation of Rental Property Part 5
9115 Depreciation of Rental Property Software

Reporting Rental Income, Expenses, and Losses

9150 Reporting Rental Income, Expenses, and Losses Part 1
9200 Rental Property Special Situations Part 1

Special Situations

9210 Rental Property Special Situations Part 2
9305 Personal Use of Dwelling Unit (Including Vacation Home) Part 1
9305 Personal Use of Dwelling Unit (Including Vacation Home) Part 2
9310 Personal Use of Dwelling Unit (Including Vacation Home)

Coupons

DateDiscountStatus
6/25/2022100% OFF
expired
6/30/2022100% OFF
expired
7/12/2022100% OFF
expired
7/20/2022100% OFF
expired
7/27/2022100% OFF
expired
8/9/2022100% OFF
expired
8/16/2022100% OFF
expired
9/2/2022100% OFF
expired
9/21/2022100% OFF
expired
11/17/2022100% OFF
expired

Charts

Price

Residential Rental Property Tax Preparation 2021-2022 - Price chart

Rating

Residential Rental Property Tax Preparation 2021-2022 - Ratings chart

Enrollment distribution

Residential Rental Property Tax Preparation 2021-2022 - Distribution chart
4708750
udemy ID
5/29/2022
course created date
6/25/2022
course indexed date
Bot
course submited by