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.

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NMLS: 150898

Cornerstone Mortgage Group, Inc – NMLS: 1074084

8 Wood Hollow Road – Plaza 2, Parsippany, NJ 07054

(c) 201-919-0948  (o) 973-917-3158 Ext. 10  (f) 888-241-5805