Overview
Lecture presentation plus accompany power point slides. Line by line, item by item in-depth discussion of reporting rent and royalty income, as well as K-1 income and limitations.
Prerequisites
None
Objectives
At the conclusion of this course the student will understand when and where it is appropriate to use Schedule E, how to report rent and royalty income and expenses, passive loss rules, and K-1 income, losses and basis limitations.
