DESCRIPTION
This module discusses foundational topics that impact the aggregation and grouping of activities. We will also discuss how grouping impacts hobby losses, real estate activities, and Sec 199A. This module is primarily delivered through group exercises that encourage interaction and participation from the class.
LEARNING OBJECTIVES
- Provide an overview of the grouping and aggregating rules
- Examine the characteristics of an economic unit
- Review rental grouping and aggregating rules
- Discuss the interplay between 199A and the grouping and aggregating rules
- (Optional) Discuss how hobby loss rules impact grouping and aggregating
