ADOR Property Owner Basics Workshop

Certification: None

Duration: 3 Hours

Course Delivery: Instructor Led

Course Overview: Discover the keys to transaction privilege tax (TPT) & get ready to unlock the door to tax success. Join the Arizona Department of Revenue for an introductory level course discussing the basics of Arizona’s TPT for property owners. This course introduces topics such as commercial leasing, short-term/vacation rentals, and residential rentals.  

Target Audience: Residential Rental Property Owners, Commercial Rental Property Owners, Short Term/ Vacation Rental Property Owners, CPAs, EAs, Tax Attorneys

Agenda:

• Property Owner Basics and Licensing
• Business Classification Specifics and Reporting Highlights
• • Commercial Lease
  • Short-term/Vacation Rental
  • Residential Rental
• Using an Online Lodging Marketplace
• Using a Property Management Company
• • Approving Delegate Access to PMC
  • Steps to Take When a PMC is No Longer Needed
• Filing Requirements and Thresholds
• Power of Attorney- Form 285
• Important Business Reminders
• AZTaxes.gov
• Filing an Amended Return
• Available Resources

Prerequisites: None

Course Materials: None

Examination: None

Note: This course is specifically designed for Arizona rental property owners.

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