New Jersey 6 Hour Elective Package

$49.00

6 Hour | Online HD Video | No Tests 

  • 3 Hour Risk Management (#C20201109)
  • 3 Hour Taxes (#C20201329)

Risk Management | New Jersey Approval #C20201109

3 Elective Credit Hours | Online HD Video Class | No Tests | Instructor: Gwyn Besner
This course will help New Jersey real estate agents be prepared for the risks of doing business by helping to identify threats such as cyber crime, identity theft and internet liability as well as anti-trust laws and OSHA regulations relevant to the real estate industry.

Taxes | New Jersey Approval #C20201329

​3 Elective Credit Hours | Online HD Video Class | No Tests | Instructor: Gwyn Besner
Even the most successful businesses can fail if they don't understand the tax ramifications of the decisions they make.  This course will guide you through 1031 exchanges, depreciation, loss and the benefits of real property ownership in New Jersey.

SKU: PKG-1413:1414 Categories: ,

Description

PACKAGE CONTENTS:

 


Risk Management


COURSE SYLLABUS

Course Description

Risk is the potential, or possibility that something bad or unpleasant, such as an injury or loss, will happen. The various risks we face are fines and penalties for violating the law, either intentionally or accidentally; loss of money due to damages awarded in a lawsuit; or even loss of our ability to make a living in our chosen profession. This also includes injuries to ourselves or others. Since some risk is inevitable in the marketplace, it is important to carry insurance to protect against inadvertent exposure to risk. Risk management allows you to assess, identify and then determine what kind of agreements, insurance or policies will best protect your business.


RISK MANAGEMENT

Types of Insurance

1. General Liability
2. Errors and Omissions
3. Fidelity
4. Property
5. Business Interruption
6. Directors and Officers Liability
7. Workers Compensation
8. Automobile

Choosing an Insurer

1. History
2. Rates
3. CLUE Reports

Shifting Risk

1. Incorporation
2. Loss Prevention

Cyber Crime

1. Prevention
2. Damage Control
3. Privacy Policy
4. Data Security

Identity Theft

1. Protection
2. Security Breaches
3. Privacy Policies
4. FTC Best Practices

Safety Issues and Risk Reduction

1. OSHA
2. Premises Liability
3. Ownership of Premises
4. Cases

Anti-Trust

1. Definition
2. Compliance
3. TRID/RESPA
4. Cases

Internet Liability

1. Copyright Violations
2. Blogs

 


Taxes


COURSE SYLLABUS

Course Description

It is important to realize understanding tax laws is an integral part of running a successful real estate business. The ramifications of ignorance or inaccuracy in recordkeeping, tax responsibilities, or employer/employee relationships are severe and will bring a business down in short order. There are also many aspects of real property ownership, including depreciation, deductions, exchanges and more, that will greatly affect whether a business thrives or dies. Any real estate professional who plans to run their own business should be aware of the benefits, pitfalls, and requirements surrounding property related taxes.

After completing this course participants will be able to:

  • Recognize the benefits of real property ownership, as well as 1031 exchanges, depreciation, and loss.
  • Understand the tax responsibilities, hiring provisions and recordkeeping requirements of an employer.
  • Be able to outline the specifics of real property indebtedness.

 

TAXES
Lesson 1 (25 minutes)

1. Tax Liabilities
2. Employment Taxes

a. Social Security
b. Medicare
c. FUTA

3. Hiring
4. Documentation
5. Reporting and Depositing
6. Penalties
7. Expenses

Chapter Quiz – 8 Minutes

Lesson 2 (30 minutes)

1. Taxable Income
2. Home Office
3. Recordkeeping
4. Accounting
5. Income Benefits of Property Ownership

Chapter Quiz – 8 Minutes

Lesson 3 (30 minutes)

1. Deductible Items
2. Gains
3. Self-Directed IRAs

Chapter Quiz – 8 Minutes

Lesson 4 (25minutes)

1. Partial Sales or Condemnations
2. Depreciation
3. Passive Loss
4. Section 1031 Exchanges
5. Indebtedness
6. Case Studies

Chapter Quiz – 8 Minutes

_____________________________________________________________________

Final Assessment – 10 minutes

 


 

Course instructors will be available by email or telephone between 9am and 5pm Eastern Standard Time. They will assist you with questions regarding course content.

If you have any questions, please call us at 1-800-727-7104 or send an email to info@onlinecti.com. Email responses will usually be returned promptly, but guaranteed within one business day.

Student policies and procedures are always available by going to our website and scrolling to the bottom of the page (See Attendance, Privacy and Refund Policy).

309,772 Courses Taken
This was a great course. The instructor was very knowledgeable.
Anthony D.
 
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