The major topics that will be covered in this class include:
- A deep-dive look at the Section 199A flow-through entities deduction
- Calculation of qualified business income
- Application to rental real estate - "safe harbor" rule and aggregation rules
- Self-rental rule for Section 199A compared to self-rental rule for passive activities
- Differing impact on the sole proprietorship, partnerships and S Corporations
- Forms reporting on Forms 8995 and 8995-A
- Section 199A flowchart