Tax reform: When does real estate qualify for the 199A deduction {PFP Section}




American Institute of CPAs - Personal Financial Planning (PFP) show

Summary: Guest(s): Bob Keebler, CPA/PFS Category: Technical On January 18th, the IRS released the highly-anticipated final regulations on Section 199A for the qualified business income deduction for pass-through entities. In this podcast, Bob Keebler, CPA/PFS shares details on the provisions, specifically Notice 2019-07 and answers: When does real estate qualify as a trade or business for purposes of the 199A qualified business income deduction? Access the related resources from this podcast: Impact of Tax Reform on Planning Toolkit AICPA Tax Reform Resource Center Broadridge Advisor (free access to PFP/PFS members) includes extensive-content written by CPAs, attorneys and other experts on planning strategies, new relevant laws, etc. that are articulated in client terms. The episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Visit us online at www.aicpa.org/pfp to join our community and gain access to valuable member-only benefits.