When is a Rental Activity not a Rental Activity  

When is a rental activity not a rental activity? Many taxpayers assume that all rental income is treated the same way under U.S. tax laws, but the IRS provides specific exceptions that can remove an activity from the definition of rental income. This course will break down these exceptions, helping taxpayers, real estate investors, and tax professionals understand when rental income is classified as a non-rental activity and how it should be reported. Materials used for this course were supplied by Spidell's Federal Taxletter.

This overview course may be appropriate for professionals at all organizational levels.

CeriFi CPEdge is committed to bringing innovative solutions to you, now including nano-learning! As per NASBA Standards, a nano-learning course is a 10-minute, electronic, self-study course in which you are eligible to earn 1/5 (or 0.2) CPE credits.

At this time, nano-learning is not accepted by all state boards. If you are not sure whether your state board accepts nano-learning, you can ask your state board or visit the NASBA registry: (nasbaregistry.org).