Lunch & Learn - Mortgage & Real Estate Taxation (3 FREE CE Credits)

During this course you be provided lunch as we share 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.  During this 3-hour workshop we'll discuss:

• How the mortgage interest deduction works on primary homes and vacation homes, and how this impacts the client’s mortgage and real estate strategy
• How recent changes to the standard deduction and SALT deductions impact first-time homebuyers and move-up homebuyers
• How to make better use of the primary residence exclusion to the capital gains tax
• How the 3.8% investment tax works, who needs to pay it and when it needs to be paid
• How the capital gains tax works when people convert their primary home into a rental property and vice versa
• How rental income, depreciation, capital gains, and capital losses are taxed on investment properties
• How the gift tax works, who needs to pay it and when it needs to be paid
• How to make better use of the annual and lifetime exclusions to the gift tax when clients use gift money for a down payment
• How tax basis works and why it matters

You'll walk away with a much better understanding of how mortgage and real estate taxation impacts you and your clients and hopefully a full stomach. :-)

Lunch Provided by Amy Brawand - Vice President Sales - Land Title Guarantee Company

CMPS Instructors: Jayce Herbert NMLS: 1614193, Danielle Runyan NMLS: 1798485, Charlie Jackson NMLS: 612899