Qualified business income deduction • Hobby losses
• Self-employment health insurance
• Business start-up costs
• Depreciation
• Schedule C issues
• Like-kind exchanges
• Charitable contributions of propert
Learning Objectives
When you complete this course, you will be able to: • Determine the proper tax treatment for certain rental property activities.
• Distinguish between hobbies and businesses.
• Identify the warning signs that a client might have unreported income.
• Determine proper tax return reporting of a like-kind exchange transaction.
Major Topics
Qualified business income deduction • Hobby losses
• Self-employment health insurance
• Business start-up costs
• Depreciation
• Schedule C issues
• Like-kind exchanges
• Charitable contributions of propert