[jeff]

Welcome to the REG CPA Exam study group for July & August 2018 exams. 🙂

Please introduce yourself & when you’re taking your exam (approximate timeframe).

REG Study Group Links and Resources:

1. NINJA Monthly – Full REG Course for $67/mo
2. How to Study for REG with NINJA Only
3. How to Pass REG in 20 Days
4. How to Retake REG After Failing
5. Video: Study Advice for REG
6. CPA Reviewed Podcast
7. CPA Exam Score Release Dates
8. NINJA MCQ Trending vs Actual REG Scores
9. I Passed the CPA Exam!
10. I Passed REG!
11. NINJA REG SIMS List by Topic
12. Free Downloads: NINJA REG

[busy]

1. Planning to take REG on August 25th.
2. Exam topics which kept me awake at night are- Individual taxation, Rights/Liabilities of debtors/creditors, Federal securities regulation, Property transactions, gift tax, Contracts, S Corporations Research Questions & SIMS
3. Study/Career Tips- Do what benefits you, explore, invest time, do not copy others, take guidance, ensure extreme use of optimum resources available and be patient towards any of your goals.

[Anonymous]

Hey,

When are you taking your exam?
Late July, main goal is to pass REG before December

What exam topic keeps you awake at night?
A little bit of everything, I will sit with my eyes closed and go through the details of everything I went over. Then if I know a detail is off, but don't know why it's the worst.

One study or career tip others might find helpful.

Study Early morning and go through the material you covered throughout the day. Also try and study while preforming different tasks, I find if you can retain information while jogging for example it sticks.

[JAStansel]

I haven’t nailed down a date yet, but I will be taking REG in late August. It will be my first attempt at REG, and as an auditor, I don’t have much tax experience. Here goes nothing!

[Anonymous]

Hi all,

I have scheduled to take the REG exam on 31 August. I am an international candidate so I'm trying as hard as I can with the hope to pass it in one go! I have done over half of the materials (possibly ard 65%) but still got a hard time in memorizing those phase-out amounts and stuff like that… I found that keep working on MCQs and TBS is a possible way for me to retain the things I studied though. Hope we all can pass in Q3~ Cheers

[kf0756]

Hi Everyone! I am taking my REG exam on July 21st. I am currently just using Becker and I am about halfway through the REG material and I am just struggling to remember all the tax laws/calculations. There really isn't just one exam topic keeping me up at night, mainly just all the details in REG. I have only taken one tax class, so I am finding myself at a loss when studying. Anyone have any tips on how to remember this tax stuff? Especially when someone has a mainly audit background?

One study tip I can give is to keep going and stick with your schedule. I have been studying nonstop since January taking FAR in April and AUD in June. Crossing fingers for passing scores! Also, another tip I just started listening to Another 71's CPA Reviewed podcast this week and honestly it's awesome. It has given me a lot of tips that I plan on applying (no this is not a plug to get the monthly subscription, it's true).

Good luck everyone! Any study tips for REG are welcomed lol

[Anonymous]

By the way all…

I got conflicting answers as to below from 2 different study guides:

Is a principal liable to third parties for an independent contractor's unauthorized acts? One said No while the other said Yes.

Anyone know which one should be more accurate?

[Lisa]

-Planning to take the exam in November! First timer here. Hope I can pass with first attempt. I also use Becker, but not sure if that's enough, so that's why I'm here!

-What exam topic keeps you awake at night? Pretty much a bit of everything. The information doesn't seem to stick to my head. When I take notes, I would forget about what I have learned the next day.

-One study or career tip others might find helpful. Allocate at least 1 hour everyday to study, you'll see a big difference!

[murano]

@Chandler
Can you explain what's RRE? Thanks!

[msquared17]

Taking REG in August. The thing that keeps me up the most is worrying if I can actually pass this exam this late in my career. One tip I can share is to incorporate cumulative reviews into your study plan.

[Livliv101]

When are you taking your exam?
I plan to take REG at the end of August.
What exam topic keeps you awake at night?
Whether I'm studying enough to pass REG
One study or career tip others might find helpful.
I've been using Ninja to supplement Roger and reading this forum. It's been really helpful so far!

[mariko]

Hi Jeff, would be great if I could win the free month membership
I will be retaking REG in July. Hopefully, this time it would work out.
Here is my answer to your questions :

When are you taking your exam? : mid July 2018
What exam topic keeps you awake at night? : TBC sections (especially, corporation and partnership) as I am non-native, it is hard for me to read through the exam questions in limited time
One study or career tip others might find helpful : continuous learning (better not to take any break) as your level of your motivation might drop and it is hard to bring it back to the same level

[plewpaasdfasd]

Hello everyone. I am scheduled to sit for the exam in 3 weeks. AMT definitely keeps me up at night but to be completely honest, REG has been the hardest of the 4 to study for. However, my advice would be to keep on practicing. Though it may not seem like it at first, the questions will eventually click with practice and persistence!

[Anonymous]

@murano, Sorry, bad habit abbreviating stuff working in tax. Active RRE or Active Rental Real Estate is an exception to the passive activity loss rules that allows individuals who actively participate in rental real estate (much lower threshold than material participation/real estate professional) to deduct losses of up to $25,000 without regards to passive loss limits.

This is phased out between AGI of $100,000 and $150,000 such that at $100,000 the full $25,000 loss would be allowed, at $125,000 only $12,500 would be allowed, and at $150,000 none would be allowed. It is one of the most important provisions for lower and middle income individuals. It is one of the few provisions in which the phase-outs and loss amount does not change from year to year.

[Anonymous]

@akazenishi, Generally, the only times a principal will be responsible for an independent contractors' acts are if:
A. the principal authorized the agent to perform tortious acts or
B. the work performed by the independent contractor is considered ultra-hazardous (really this is the only time an unauthorized act of an independent contractor can cause the principal to be responsible.

[sheen]

Took Far in April, studying for AUD and will take it 7/23.

[Author]

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