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