June Continuing Education Seminar
Complimentary breakfast seminar presented by the attorneys of Kulzer & DiPadova
Earn 2 Continuing Education Credits in Taxation (CPA)
Event Name: If You Build It, They Will Tax – Impact of TCJA on Real Estate
Location: Tavistock Country Club, Haddonfield, NJ
Date: Thursday, June 20, 2019
Time: 7:30AM-8:30AM registration/breakfast | 8:30-10:30AM Seminar
Section 199A and the QBI Deduction
Presented by Daniel L. Mellor, Esq.
The 20% QBI deduction under Section 199A represents a tremendous savings opportunity for real estate business owners, and it is critical for their tax advisors to understand how to maximize the deduction. Topics in this section will include:
- Basic and advanced concepts in computing UBIA
- What is included in qualified property
- Methods of shifting wages among affiliated businesses
- Special rules regarding self-rentals
- How to qualify for the rental real estate safe harbor and whether to use it
Business Interest Expense Deduction Limitation
Presented by Kristin L. Schmid, Esq.
The Tax Cuts and Jobs Act changed the deductibility of business interest expense. This seminar will not only provide the basics of how to calculate the limitation, but will also provide:
- An in-depth explanation of the small business exception including the aggregation rules.
- How the limitation applies to real estate businesses, whether the real estate business should elect out of applying the limitation, and process of electing out.
- A discussion of the complex partnership limitation rules.