Rental and royalty classification
Distinguish rental reporting, occupant services, income completeness, and passive-activity classification.
50 planned instructional minutes
Schedule E: Rental and Pass-Through Income
From Source Documents to Defensible Returns
Turn rental records and pass-through statements into supportable individual-return reporting. Work realistic synthetic cases involving leases, property ledgers, depreciation, K-1 statements, shareholder loans, and suspended-loss schedules, then trace the results through Schedule E to Form 1040.
- Audience
- Enrolled Agents and CPAs
- Level
- Intermediate with advanced issue-spotting
- Practice edition
- TY2025 final-form cases
- Proposed category
- Federal Tax Law
Course and credit status
Six live IRS CE hours are proposed, not approved or currently awarded. Provider status, program numbers, qualified human technical review, and actual delivery time must be verified before a credit-bearing offering. Self-study hours require separate duration validation. CPA CPE acceptance depends on the applicable board and sponsor requirements.
Enrollment, payments, private lessons, examinations, certificates, and IRS reporting remain unavailable. Continuing education eligibility is confirmed for the specific approved offering.
Public topic outline
Property records, owner limitations, and return integration
The core contains six 50-minute modules: 300 planned instructional minutes. Three 30-minute reserve modules provide 90 additional minutes, exactly 30% more authoring material. Reserve time is not automatically added to a learner's credit award.
Basis, improvements, and depreciation
Analyze land allocation, repairs versus capitalization, asset conventions, and tax-year-specific bonus depreciation.
50 planned instructional minutes
Rental losses and participation
Apply active participation, material participation, real-estate-professional rules, and passive-loss limits separately.
50 planned instructional minutes
Partnership K-1s and loss limitations
Reconcile outside basis and at-risk investment before applying passive and other owner-level loss restrictions.
50 planned instructional minutes
S corporation stock and debt basis
Evaluate contributions, distributions, direct shareholder loans, guarantees, and Form 7203 reporting.
50 planned instructional minutes
QBI, NIIT, and Form 1040 integration
Trace Schedule E through qualified business income, net investment income tax, and a complete controlled return.
50 planned instructional minutes
Vacation homes and mixed personal use
Reserve application of personal-use days, expense ordering, and the separate vacation-home loss limitation.
30 planned instructional minutes
Dispositions and suspended-loss release
Reserve application of full taxable dispositions, depreciation character, and activity-specific loss records.
30 planned instructional minutes
Estate and trust K-1 reporting
Reserve application of beneficiary income character, principal distributions, and Schedule E reporting exceptions.
30 planned instructional minutes
Preparation and practice
Working knowledge of Form 1040 and ordinary versus capital income is recommended. Nine synthetic laboratories use non-transmitting TY2025 training records. One is a complete controlled federal calculation; the others are targeted workpapers. No production taxpayer information or certified native software importer is supplied.
Private course resources
The instructor master, worked answers, review feedback, and rotating final bank are private authoring resources. Future learner access requires verified Academy identity plus an active entitlement for this specific course, enforced server-side.
Course access information