This course discusses several rules that impact the deductibility of losses on rental real estate. The at-risk rules are first discussed, followed by the passive activity rules. Participation requirements are covered by addressing what is meant by active participation and material participation. Finally, the requirements needed to qualify as a real estate professional are covered.

What will you learn in this course?

• You will understand the at-risk rules for real estate
• You will understand the passive activity rules for real estate
• You will understand the requirements for both active participation and material participation
• You will understand the qualifications needed to be treated as a real estate professional