Rental Property and Schedule D
Date: Tuesday July 30th, 2013 from 3pm – 6pm
It’s time to talk about rental real estate and the tax benefits related to owning rental real estate. The ability to prepare Schedule D and report rental income and deductions is a key skill for a tax professional to possess simply because many taxpayers look to professionals when it comes to preparing tax returns with rental property income; in a world where TurboTax and other “do it yourself” options continue to proliferate, you as a tax professional have to identify “areas of need” for your perspective clients, and you will certainly discover that owning rental property and the tax considerations that go along with it is a true area of need for many taxpayers. In this Pronto Tax Class Live, we’ll do a tax return for an elderly lady who owns seven rental properties, including two being held in an LLC that she co-owns with her grandson.
Location: Van Nuys Live Tax Training Center at 14435 Sherman Way #104, Van Nuys, Ca 91405
Teachers: Pronto Income Tax Staff Professionals