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Live Webcast Replay

2024 Real Estate Professionals: Passive Activity Rules

Total Credits: 2 including 2 Taxes - Technical

Average Rating:
ACPEN Tax Institute |  IRS Approved |  Tax
Steven C. Dilley, CPA, JD, PhD
Course Levels:
2 Hours
Product Setting: Expires 30 day(s) after program date.

Please Note: Programs with a ☾ insignia begin after 5pm or air on the weekend.


When do they exist and how to report them? This program will provide a detailed analysis of the real estate professional passive activity rules, including forms reporting examples, and integrates those rules with when real estate is considered a "business" under the Section 199A flow-through entity deduction. 

**Please Note:  If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to

Basic Course Information

Learning Objectives
  • Identify the passive activity and flow-through entity rules for "real estate professionals" and show how these situations should be reported on various tax forms

Major Subjects
  • Definition, pros and cons of being a real estate professional
  • Integration of the real estate professional rules with reporting on Form 1040, Schedule E
  • Real estate professionals and indirectly owned (partnerships, S corporations) entity’s reporting on Form 1040
  • How "real estate business" is interpreted under the Section 199A rules and how it integrates with the passive activity rules
  • Real estate professionals and the Form 8582 (Passive Activities)
  • How to make the "grouping" election for passive activities and the flow-through deduction 

Course Materials


Steven C. Dilley, CPA, JD, PhD's Profile

Steven C. Dilley, CPA, JD, PhD Related Seminars and Products

Steven C. Dilley, CPA, JD, PhD is President of Federal Tax Workshops, Inc., East Lansing, Michigan, where for the past 36 years, his organization has prepared continuing professional education materials and presented seminars for accountants and attorneys throughout the United States. He is nationally known for his knowledge of the financial, accounting, and tax problems of the closely held business. He has published numerous articles on these topics. In addition, Steve is a Professor of Accounting at Michigan State University, East Lansing, where he teaches tax accounting and was nominated in 2004 for the "Educator of the Year Award." He obtained his PhD in accounting, law degree and an undergraduate accounting degree from the University of Wisconsin-Madison. He is a member of the Michigan Association of CPAs, Wisconsin Bar Association, The American Accounting Association, AICPA, American Tax Association, and Hawaii Association of Public Accountants.


Fri, Jul 26, 2024 - 05:00pm to 06:49pm EDT
Tue, Aug 06, 2024 - 09:00am to 10:49am EDT
Sat, Aug 17, 2024 - 11:00am to 12:49pm EDT
Fri, Sep 13, 2024 - 01:00pm to 02:49pm EDT
Thu, Sep 26, 2024 - 07:00pm to 08:49pm EDT
Fri, Oct 04, 2024 - 05:00pm to 06:49pm EDT
Mon, Oct 28, 2024 - 09:00am to 10:49am EDT
Sat, Nov 16, 2024 - 11:00am to 12:49pm EST
Wed, Nov 27, 2024 - 01:00pm to 02:49pm EST
Tue, Dec 10, 2024 - 03:00pm to 04:49pm EST
Thu, Dec 19, 2024 - 05:00pm to 06:49pm EST
Sat, Dec 28, 2024 - 09:00am to 10:49am EST
Tue, Jan 07, 2025 - 11:00am to 12:49pm EST
Wed, Jan 22, 2025 - 01:00pm to 02:49pm EST
Fri, Feb 14, 2025 - 03:00pm to 04:49pm EST
Wed, Feb 26, 2025 - 05:00pm to 06:49pm EST
Sat, Mar 15, 2025 - 09:00am to 10:49am EDT
Fri, Mar 28, 2025 - 11:00am to 12:49pm EDT
Fri, Apr 11, 2025 - 01:00pm to 02:49pm EDT
Tue, Apr 29, 2025 - 07:00pm to 08:49pm EDT

Additional Info

Basic Course Information

Prerequisites Basic working knowledge of business and real estate taxation
Advanced Preparation


Designed For CPAs working in public accounting firms and members in industry
Original Recording Date 04/2024
Yellow Book No
Course Developer Federal Tax Workshop
Date Added to Catalog 3/13/24

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints., (972-377-8199).
Official Registry Statement Business Professionals' Network, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
Instructional Delivery Method Live Group Internet Based
Course Registration Requirements Online Registration
Refund/Cancellation Policy Please contact the ACPEN help desk 1-877-602-9877 or if you wish to cancel your attendance for a previously purchased webcast and are requesting a refund or transfer.



Overall:      4.7

Total Reviews: 11


Laura W

"Thank you! Best CPE I've attended this year!"

Elizabeth S

"As a CPA and a Real Estate Agent this course is very relevant to my work. It was a very informative class"