Taxes Course Description

HD Video Course - Instructor: Gwyn Besner

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.


Lesson 1 (25 minutes)

  1. Tax Liabilities
  2. Employment Taxes
    1. Social Security
    2. Medicare
    3. 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 9 am and 5 pm 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 responses will usually be returned promptly, but guaranteed within one business day.

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

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