This Nebraska GRI course consists of two moduled: Technology and Taxation. Students will receive 15 hrs of GRI credit and 6 hours of CE Credit upon completion.
Technology in Real Estate
This course will help the student use technology as a means of keeping the public informed concerning real estate topics. The student will spend time on the internet learning where various real estate related information is stored.
The student will learn how to create and store private information on the internet and how to give access to this information to their clients/customers.
Business Plan Systems
Consumer Service Systems
New Information Sites
Taxation in Real Estate
This course has four objectives.
Introduce the residential real estate agent to basic taxation and to basic investment analysis.
Relate that knowledge to the specific concerns of residential homeowners, both primary and second homes.
Relate that knowledge to the specific concerns of owners of investment real estate.
Demonstrate how this knowledge can increase the real estate agent's commission income and investment income.
At the completion of this course, the student will be able to:
Discuss the tax code and how it affects different aspects of the real estate industry
Explain basic taxation and how brokers can use it to help their clients
Define the meaning of marginal tax rate
Describe the specific concerns for residential homeowners, owners of real estate used in a trade or business, as well as the owner of investment real estate
Demonstrate how this knowledge can increase the real estate agent's commission income and investment income
List the major reasons for home ownership
Explain gain and basis and how the client can compute capital gain on the sale of a home
Illustrate to potential clients why it is important that they seek professional advice from a CPA
Summarize how purchasing a rental property for an investment can be a tax advantage
Illustrate how cost recovery is used as a deductible expense
Explain how income and losses are identified (passive and non passive income)
Classify the three types of vacation homes and discuss their tax consequences
Explain the rules and benefits of the 1031exchange
Discuss CRTs and how they can help avoid capital gains tax, increase income, and create tax deductions.
Taxes and the Homeowner
Sale / Exchange
Taxes and the Agent
The course contains numerous multiple choice exams, interactive exercises, and is completed with a multiple choice final exam.