Provisions of the tax code permit the combining of different entities, businesses and operations. However, they are not consistent. Come learn how to combine separate entities and businesses for various tax purposes including passive activity loss rules, real estate professional rules, qualified business income deduction, the net investment income and others.
Learn how to aggregate different businesses for purposes of the qualified business income deduction
Learn how to group different businesses for purposes of the passive activity loss rules, real estate professional rules and the net investment income tax rules
Understand the impact of various combination rules and the planning opportunities and pitfalls is misapplying the permitted groupings.
Associate Teaching Professor,
Brigham Young University