Virtual: Mortgage & Real Estate Taxation - 3 Elective
Overview & Learning Objectives
In this course, we'll discuss real life examples of how you can help your clients evaluate their real estate options in a way that's fully compliant with federal tax laws and regulations. Here are three stats that point to the importance of why a real estate agent should be familiar with tax concepts:
- According to the National Association of Realtors®, cash buyers currently represent approx. 30% of all home purchases. Yet, many of these buyers are unaware of the tax consequences of doing so.
- On the other end of the spectrum, 27% of first-time homebuyers use gift funds to help with their down payment. Further, the New York Federal Reserve Board recently concluded in a study that a homebuyer's down payment strategy can improve housing affordability by a whopping 40%.
- According to the National Association of Realtors, investors currently represent approx. 20% of all homebuyers. Many of these investors wonder about the benefits of converting their investment or vacation homes into primary homes, and vice versa.
Cornerstone Mortgage Group, Inc – NMLS: 1074084
180 Mount Airy Road, Suite 202, Basking Ridge, NJ 07920
(c) 201-919-0948 (o) 973-917-3158 Ext. 10 (f) 888-241-5805
NCJAR Members $20 | Non-Members $45
|Event Date||11-04-2020 10:00 am|
|Event End Date||11-04-2020 1:00 pm|
|Course Reference Number||C20200355|