Rental Property with Deep Dive Short-Term Rental
A.J. Reynolds, EA
President, ABC Bookkeeping & Tax Svcs Inc.
2 CPE for AFSP, EA, CFP®, CPA, CRTP
Intermediate level
Short-term rentals continue to blur the line between passive real estate and active business income, creating compliance risks and planning opportunities. This session breaks down the tax treatment of vacation homes, related-party rentals and fair rental value (FRV) while clarifying when income belongs on Schedule E versus Schedule C.
Objectives
Upon completion of this session, you will be able to:
- Analyze vacation home rules
- Dissect the tax treatment of short-term rentals
- Examine related party rentals
- Define FRV
- Distinguish between Schedule E and C
CPE
| Governing body | CPE credits | Designation | Field of study |
|---|---|---|---|
| IRS | 2 | AFSP | Federal Tax Law Topic |
| IRS | 2 | EA | Federal Tax Law Topic |
| NASBA | 2 | CPA | Taxes |
| CTEC | 2 | CRTP | Federal Tax Law Topic |
| CFP Board | 2 | CFP® | N/A |
Details
Duration: 100 minutes
Course level: Intermediate
Prerequisite: Basic understanding of rental property tax rules
Advanced preparation: None
Delivery method: Group Live