• videocam On-Demand Webinar
  • signal_cellular_alt Intermediate
  • card_travel Corporate Tax
  • schedule 110 minutes

Qualified Production Property: OBBBA Bonus Depreciation, Eligible Property, Qualifying Activities

$247.00

This course is $0 with these passes:

CPE
ALL
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About the Course

Introduction

This webinar will analyze the requirements for qualified production property (QPP) for tax professionals and manufacturers to capitalize on the tax-savings opportunities provided by the One Big Beautiful Bill Act (OBBBA). Our panel of knowledgeable federal income tax experts will review the requirements for QPP and highlight common errors in identifying and expensing QPP.

Description

One of the primary benefits of the OBBBA is the permanent extension of 100% bonus depreciation. While TCJA assigned qualified improvement property a 15-year life, making it eligible for bonus depreciation under IRC Section 168(k), bonus depreciation was scheduled to be lowered to 20% in 2026. The OBBBA permanently increased bonus depreciation to 100%. The permanency of the full deduction allows owners of QPP to plan for future substantial tax savings. 

The qualification requirements for QPP in the new IRC Section 168(n) include that the property be:

• Used by the taxpayer as an integral part of a QPP activity

• Placed in service in the United States or any possession of the United States

• Constructed after Jan. 19, 2025, and before Jan. 1, 2029

Perhaps as critical as knowing the qualifications of QPP is knowing what property does not qualify. Portions of the property used for administration and tenant allowances are excluded. Tax professionals working with real estate businesses need to thoroughly understand the eligibility requirements and benefits of this new expanded deduction.

Listen as our panel of tax advisors discusses the tax-saving opportunities available for QPP after OBBBA, eligibility requirements, and electing bonus depreciation for these properties.  

Credit Information

  • BARBRI is a NASBA CPE sponsor and this 110-minute webinar is accredited for 2.0 CPE credits.

Date + Time

  • event

    Wednesday, February 25, 2026

  • schedule

    1:00 p.m. ET./10:00 a.m. PT

I. Qualified production property (QPP): introduction

A. Overview and purpose

B. Key tax policy themes

C. Effective date and applicability

II. History of QPP

A. Pre-OBBBA landscape

B. Evolution of manufacturing incentives

III. QPP defined

A. Statutory definition

B. Eligibility requirements

IV. Qualifying activities

A. Statutory definition

B. Cross-references, guidance, examples

V. Property that is not QPP

A. Statutory exclusions

B. Special rules, limitations, and exceptions

C. Common misconceptions

VI. Impact of OBBBA

A. Planning considerations

B. Interaction with other code sections

C. Election mechanism, timing

D. Tax compliance considerations

VII. Section 179

VIII. Electing bonus depreciation

IX. Cost segregation

X. Examples

The panel will cover these and other critical issues:

  • Impact of OBBBA on QPP
  • Specific examples of what is and is not QPP
  • Defining qualified production activities
  • Section 179 vs. Section 168(k) expensing

Learning Objectives

After completing this course, you will be able to:

  • Determine how the OBBBA impacts nonresidential real estate
  • Identify QPP
  • Ascertain specific property that does not qualify as QPP
  • Decide how cost segregation studies are used for QPP expensing
  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite:

    Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of corporate taxation, including taxation of businesses, accounting methods, net operating losses and loss limitations; familiarity with net operating loss carry-backs and carry-forwards.


BARBRI, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.

BARBRI CE webinars-powered by Barbri-are backed by our 100% unconditional money-back guarantee: If you are not satisfied with any of our products, simply let us know and get a full refund. Contact us at 1-800-926-7926 .