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Section 199A

10 / 03 / 2018 by Greg Freyman, CPA in News & Press

Rental Real Estate and The New Tax Law: Final Regulations 2019

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“The purpose of a tax cut is to leave more money where it belongs: in the hands of the working men and working women who earned it in the first place.”
~ Bob Dole

 

This tax blog specifically deals with how the new tax law affects the rental of real estate as an activity.

On January 18, 2019, the IRS released the final regulations for section 199A via Notice 2019-7.

If you have not heard of section 199A by now, you most certainly will very soon. This new addition to the tax law will be around until December 31, 2025.

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