Chris Bird Chris Bird is a tax practitioner and national lecturer on individual income, corporate income, and real estate tax issues. Dynamic and entertaining, Chris makes complex material easy to understand. His background includes over 16 years of experience as an IRS agent in the St Louis, Missouri, and Springfield, Illinois offices serving as a field agent, a branch manager, and a training director. Chris is a Certified Financial Planner and has been an enrolled agent for over twenty years. He has served as an editor for the Tax Book in addition to being a major contributor to the University of Illinois Tax School Manual and an instructor at their seminars held throughout the state of Illinois.

Chris has presented income tax courses to thousands of CPAs, attorneys, and enrolled agents nationwide. He has presented preparation courses for the Enrolled AgentExamination for over fifteen years throughout the country. Chris is a frequent speaker for Professional Tax and Accounting Associations nationwide.

A Practical Look at Dealing with Interesting and Troublesome Real Estate Tax Issues Webinar

With real estate values in this country at all time highs, more and more clients are looking into different types of real estate investments. This webinar will cover some of the most significant tax issues that tax professionals deal with when clients purchase, operate, and sell investment properties. Important topics to be covered include:

  • AIRBNB and short term rentals
  • The $25,000 passive loss rule
  • The real estate professional rule
  • Self rentals
  • Sale of rental properties
  • Avoiding the Net Investment Tax
  • Depreciation issues
  • IRC 1031 exchanges
  • Important tax elections
  • Closing statement reconciliation
  • The principal residence exclusion
  • Dealer versus investor determination