Residential Rental Property Tax Preparation

Course Overview

• Course Title: Residential Rental Property Tax Preparation
• Instructor: Robert (Bob) Steele
• Target Audience:
  • Individuals with rental properties
  • Accounting professionals
  • Beginners in tax preparation
• Prerequisites: None

Curriculum Highlights

• Key Topics Covered:
  • New tax updates for the current year
  • Rental income components
  • Reporting rental income
  • Accounting methods
  • Rental expenses and deductions
  • Personal use impacts
  • Depreciation concepts
  • Depreciable and non-depreciable rental property
  • Limits on rental losses
  • At-risk rules
  • Passive activity limits
• Key Skills Learned:
  • Understanding rental income and expenses
  • Applying depreciation rules
  • Reporting rental income and losses
  • Using tax forms and worksheets
  • Applying tax preparation concepts in Excel
  • Completing Schedule E

Course Format

• Duration: 16.5 hours on-demand video
• Format: Self-paced online course
• Resources:
  • 36 downloadable resources
  • Access on mobile and TV
  • Certificate of completion