Farmers (Sch F / J) + Rental Property (§469 $25k Allowance)
Free IRS Enrolled Agent SEE Part 2 (Businesses) lesson in Specialized Returns and Taxpayers. 29 min read, ~4,367 words.
Farmers file Schedule F for net farm profit (or Form 4835 if a non-materially-participating landlord on share crop). Cash basis is OK if 3-year average gross receipts are at or below \$31M (2025); accrual is mandatory above. Crop insurance §451(g): a cash-basis farmer can elect to defer to the following...
Read the full lesson, free →
Worked examples, audio narration, and practice. No signup to read.
What this lesson covers
- Content
- Example 1
- Example 2
- Common Mistakes
- Key Takeaways
- Exam Shortcuts
Learning objectives
- 4
- 5
Browse all free EA Part 2 lessons or jump into free EA Part 2 practice questions.