Understanding passive activity rules for real estate professionals
Learning objectives

After completing this course, the learner should be able to:

  • Define the purpose and basic provisions of Section 469.
  • Apply the material participation tests.
  • Identify the requirements, benefits, and limitations of qualifying as a real estate professional under Section 469.
  • Recognize the advantages and disadvantages of aggregating real estate activities to meet material participation tests.
  • Recognize the exemption in IRC 1411 from the net investment income 3.8 percent surtax for income earned by real estate professionals.
Instructor Stan Pollock

Instructor bio

Stan earned his bachelor’s degree in Business Administration from California State University, Northridge in 1980. He now runs a two-office tax, accounting and consulting practice in Oakland and San Francisco, California. The practice focuses on high net worth individuals and small businesses, providing quality, personalized financial and tax guidance. Stan has taught continuing education courses to practitioners throughout the country on a regular basis for over 10 years. Stan has been a regular guest on a local radio talk show discussing taxes and has been quoted several times in local papers. He previously taught accounting courses in junior colleges in Southern California.

National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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