IRC 163(j) Business Interest Deduction Limitation Rules and How to Avoid Them
Investment Assets, Small Businesses, and Real Property
A live 110-minute CPE webinar with interactive Q&A
This course will guide partnership tax advisers and compliance professionals in navigating the Section 163(j) Business Interest Deduction Limitation rules as they apply to individuals, partnerships, and other pass-through entities. The panel will discuss the interest expenses subject to limitation and its various exceptions and the final regulations.
Outline
- Overview of Section 163(j) treatment of business interest
- Definitions of ATI and business interest
- Exemption for investment interest
- Trading partnerships
- Real estate investments
- Exemption for small business
- Aggregation rules
- Tax shelters
- Election for real property trade or business
- Other considerations
- Recent regulations
- Planning techniques
Benefits
The panel will discuss these and other relevant topics:
- Final regulations and current guidelines
- Electing out for certain real estate businesses
- Impact of the real property trade or business election on depreciation for old and new properties
- Carryover rules, including for small businesses and electing real property trades or businesses
Faculty

Marcus E. Dyer, CPA, JD
Principal, Team Leader of Tax Controversy
Withum Smith+Brown
Mr. Dyer manages and reviews all aspects of federal and state tax compliance for C-corporation, S corporation and... | Read More
Mr. Dyer manages and reviews all aspects of federal and state tax compliance for C-corporation, S corporation and partnership returns, including consolidated C-corporation returns. He advises businesses on a wide array of tax matters including but not limited to reorganizations and employee benefits. He manages and reviews all aspects of the preparation of high net worth individual returns and conducts tax research on federal and state tax issues. He also handles tax controversies, including at the examination, appeals and collections stages.
Close
Joseph C. Mandarino
Partner
Smith Gambrell & Russell
Mr. Mandarino's practice focuses on corporate, tax and finance law. He is involved with a wide variety of... | Read More
Mr. Mandarino's practice focuses on corporate, tax and finance law. He is involved with a wide variety of businesses and transactions, including experience with compliance, planning and M&A activities for partnerships, individuals and corporations. Mr. Mandarino’s practice also includes representation in tax controversy work. He writes and speaks extensively on a wide range of business, tax and finance topics.
CloseCPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event.
See
NASBA details.