Wednesday, July 24 | 10:25 a.m. - 12:05 p.m. | Concurrent Session
Short-Term Rentals Fact from Fiction
2 CPE for AFSP, EA, CPA, CRTP
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Short-term rentals (STRs) have quickly moved to the foreground of social media tax strategies. In this class we will separate the fact from the fiction with a deep dive into available citations and cases.
Objectives
Upon completion of this session, you will be able to:
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Understanding the basics of the short-term rental tax loophole
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Identify when a short-term rental should be reported on Schedule E vs. Schedule C
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Outline the most common mistakes related to STR taxation
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Determine how to treat rentals in home or personal use of a vacation rental
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Summarize depreciation for short-term rentals
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CPE information
Duration: 100 minutes
Course level: Basic
Prerequisite: None
Advanced preparation: None
Delivery method: Group Live
