Taxes

$29.00

0 Credit Hours | Online HD Video Class | 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.
VIDEO COURSE DETAILS

SKU: 2108 Category: Tag:

Description

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 [email protected] . 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 Privacy and Refund Policy).

 
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I have used Red Vector for years and tried your site this time.  I was very pleased – it was easy to use and I appreciated that. This tends to be a boring job (taking CE courses) and I like to work outside, but I enjoyed the course and it was informative too!  And… you answer the phone!
T. Kever from Greensboro, FL
 
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