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Course Description

Schedule E clients are some of the best clients a tax pro can have, due to various factors, such as:

  • Tax pros can offer a significant Return on Investment (ROI) for these clients, due to the tax advantages associated with owning investment real estate..
  • These clients don't like to switch tax preparers and tend to stick with the same tax pro year after year, as long as they're happy with the service.
  • These clients are often plugged into networks of other real estate investors, and will actively and enthusiastically refer a LOT of similar clients to their favorite tax professional.


But there is one BIG catch, when it comes to working with Schedule E clients:

"Good enough" isn't good enough.

Only Mastery--true expertise, applied expertly--can give these clients and the tax pros who serve them the profitable and excellent experience that is so valuable and enjoyable.

Here are a few topics we cover in this course, and please feel free to contact our support team if you have any further questions:

Topic: Schedule E Deep Dive

Instructor: Daren Gress, EA

 

Topic: Out-of-State Rental Property Strategies

Instructors: Andrea MacDonald, CPA

 

Topic: The (Extensive) Role of LLC's in Real Estate Investing

Instructors: Andrea MacDonald, CPA

 

Topic: "Fix & Flip" Clients (Schedule E Reporting vs. Schedule C Reporting, etc.) 

Instructors: Andrea MacDonald, CPA and Andy Frye, EA

 

Topic: Cost Segregation Studies

Instructors: Andrea MacDonald, CPA

 

Topic: Short-Term Rental Strategies (AirBnB, VRBO, etc.)

Instructors: Andrea MacDonald, CPA and Andy Frye, EA

 

Topic: How to Acquire Real Estate Investor Clients

Instructors: Andrea MacDonald, CPA and Andy Frye, EA


Learning objectives for this course:


  • Get familiar with advanced strategies for tax reduction related to real estate investing.
  • Become able to explain tax reduction strategies related to real estate investing to clients who are real estate investors.
  • Envision realistic scenarios where you can apply your Schedule E Skills.

Meet Your Instructor

Andrew Freiburghouse, known as Andy Frye in "Tax World," is a tax consultant and Enrolled Agent (E.A.) licensed to represent taxpayers before all levels of the IRS. Andy started his tax career as a tax preparer at Pronto Income Tax of California, Inc., a third-generation family business with multiple locations based in Southern California. After preparing more than 10,000 tax returns and developing extensive employee training programs within his family business, Andy founded Pronto Tax School, Inc., an online training company that educates and empowers tax professionals and taxpayers nationwide. Pronto Tax School is an IRS-approved education provider that offers credentialing and continuing education certificate programs, as well as career advancement and business development training. Andy is a graduate of Santa Clara University, the Goldman Sachs 10,000 Small Businesses Program, and The School of Tax Business Hard Knocks.

Andy Frye, EA

Founder & CEO, Pronto Tax School

Course curriculum

  • 01

    Getting Started

    • ***Before You Start, PLEASE READ THIS!

    • Getting Started Quiz
  • 02

    Schedule E Mastery

    • Part 1: Self Rental Rules, August Rule, Rental Tax Planning Strategies and Pitfalls

    • Part 1: Review Questions

    • Part 2: Schedule E Deep Dive

    • Part 2: Review Questions

    • Part 3: Out-of-State Rental Property Strategies

    • Part 3: Review Questions

    • Part 4: Schedule E Deep Dive, Continued

    • Part 4: Review Questions

    • Part 5: The (Extensive) Role of LLC's in Real Estate Investing

    • Part 5: Review Questions

    • Part 6: "Fix & Flip" Real Estate Clients

    • Part 6: Review Questions

    • Part 7: Setting Up a Rental, Depreciation, QBI Aggregation Election and Issuing 1099's

    • Part 7: Review Questions

    • Part 8: Foreign Rentals and Settlement Statements

    • Part 8: Review Questions

    • Part 9: Cost Segregation Studies

    • Part 9: Review Questions

    • Part 10: Foreign Income and Reporting (Includes Foreign Fentals)

    • Part 10: Review Questions

    • Part 11: Short-Term Rental Strategies (AirBnB, VRBO, etc.)

    • Part 11: Review Questions

    • Part 12: How to Acquire Real Estate Investor Clients

    • Part 12 Sch E: Review Questions

    • Part 13: Grouping Rentals, Short-Term and Long-Term

    • Part 13: Review Questions
  • 03

    Exam

    • Schedule E Mastery Exam
  • 04

    Final Steps

    • Final Steps: Certificate of Completion, IRS, etc.

    • 5 Minute Feedback

Additional Course Details

  • Education Provider: Pronto Tax School, Inc.
  • Instructional Delivery Method: QAS Self-Study Program.
  • Recommended CPE Credit: 10 hours
  • Recommended CE Credit: 10 hours
  • NASBA Field of Study: Federal Tax Law
  • Program Knowledge Level: Intermediate
  • Prerequisites: General knowledge of federal tax law and its practical application. 
  • Advance Preparation: None
  • NASBA Sponsor: Pronto Tax School, Inc.
  • NASBA Sponsor #143984
  • IRS-Approved Education Provider: Pronto Tax School, Inc.
  • IRS Education Course Number: MPMDK-T-00144-19-S
  • Refund / Cancellation Policy: Full refund available within 14 days of purchase if you are unsatisfied for any reason (except if course completed more than 75%, in that case, there will be no refund available, even if within 14 day period).
  • Complaint Resolution Policy: Click the green "Need Help?" button below to contact our support team anytime. We resolve any issues amicably and working as a teammate with our valued Members.

Pronto Tax School, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. 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.