Mortgage & Real Estate Taxation

In this course, we share real-life examples to help you guide your clients in evaluating their real estate options while ensuring full compliance with federal tax laws and regulations.

Course Overview:

During this 3-hour workshop, we will cover:

1. Mortgage Interest Deduction:Understand how the mortgage interest deduction works for primary homes and vacation homes and its impact on your client’s mortgage and real estate strategy.
   

2. Standard Deduction and SALT Deductions:Learn how recent changes to the standard deduction and SALT deductions affect first-time homebuyers and move-up homebuyers.
   

3. Primary Residence Exclusion:Discover how to maximize the primary residence exclusion for capital gains tax.
   

4. 3.8% Investment Tax:Explore how the 3.8% investment tax works, who needs to pay it, and when it is due.
   

5. Capital Gains Tax:Learn the implications of the capital gains tax when clients convert their primary home into a rental property and vice versa.
   

6. Taxation on Investment Properties:Gain insights into how rental income, depreciation, capital gains, and capital losses are taxed on investment properties.
   

7. Gift Tax:Understand how the gift tax works, who needs to pay it, and when it is due.
   

8. Gift Tax Exclusions:Learn how to effectively utilize annual and lifetime exclusions to the gift tax when clients use gift money for a down payment.
   

9. Tax Basis:Understand the concept of tax basis and its significance in real estate transactions.
   

By the end of this workshop, you will have the knowledge and skills to assist your clients in making informed real estate decisions that comply with tax regulations, ultimately enhancing their financial strategies. Join us to elevate your expertise and provide exceptional value to your clients.