Rental Safe Harbor Rule:Notice 2019-07, Section 199A
The 199A rules for the 20% deduction on rental real estate activities was ambiguous, but Notice 2019-07 now provides some ray of light in the form of a key safe harbor rule.
Featured on American Dream TV show-FIRPTA Discussion
Take a look at my segment discussing FIRPTA issues.
Final Pass-Through Deduction Rules Are A Welcome Relief For Rental Real Estate Activities
On Friday, January 18, 2019, the Treasury Department issued final rules under IRC Section 199A. As part of this regulation package, Treasury also provided much-needed relief and clarity for rental real estate activities.
Background
IRS Section 199A is a tax incentive for pass-through entities and […]