About this Course
Interested in attracting a more sophisticated level of clientele? Knowing strategies for tax-favorable real estate transactions is one important tool for serving investors.
This course will introduce you to various methods for buying and selling property on a tax-favorable basis.
First, you'll learn about purchasing real estate using pre-tax dollars and growing that estate within a qualified product. We'll also discuss how the use of qualified and non-qualified tax products provide you with opportunities to create long-lasting and profitable relationships with investor clients.
Next, we'll explore 1031 exchanges, in which investors can defer taxes while exchanging like-kind income-producing properties.
Finally, we'll study real-world dilemmas and concrete applications through case studies.
This course satisfies 5 Consumer Protection credits in California.
What You Get
Certificate of completion
100% Online, Available 24/7
At your own pace, save progress as you go
Support available by email, phone, or chat
Content is updated and current
- Introduction to Tax-Favorable Transactions
- Charitable Gift Annuities
- Introduction to 1031 Exchanges
- Case Studies with Real World Practice
General Information Page
This course is sponsored by 360training.com, Inc.
(DRE Sponsor ID#6242)
5000 Plaza on the Lake, Suite 305, Austin, TX 78746
When a student selects a course from the online course catalog, the following information is presented to them in a pop-up window.
This course is approved for continuing education credit by the California Department of Real Estate. However, this approval does not constitute an endorsement of the views or opinions which are expressed by the course sponsor, instructor, authors, or lecturers.
Text Book Information:
Title: Tax Favorable Real Estate Transactions
Author: 360training.com, Inc.
Copyright Date: 09/12/2014
Course Description: The objective of this module is to teach real estate professionals how they can help their clients with the process of buying and selling property on a tax-favorable basis.
The first two lessons describe a method of real estate purchase using pre-tax dollars and of growing the estate within a qualified product. We will discuss the current tax advantages of using both qualified and non-qualified tax products such as IRAs, SEP IRAs, 401(k)s, Roth IRAs and charitable gift annuities. The use of these applications provides the real estate professional with an opportunity to create a long-standing and profitable relationship with his or her clients, as well as attracting a more sophisticated investor wishing to find an alternative to 1031 exchanges.
Lessons three and four of this module will explain the many important aspects of Internal Revenue Code Section 1031. The course will focus on the benefits of the 1031 exchange for the investor, the licensee and the other parties involved in the transaction. The student will learn which properties qualify under Section 1031 and how to use the various types of 1031 exchanges to enhance the client’s position in the investment real estate market.
The concluding lesson in this module presents real-world dilemmas and concrete applications of the information presented in the rest of the course. As the student completes this module, he or she should try to develop a broad picture of tax-favorable real estate transactions and how they fit into the larger practice of real estate. The last lesson will help with this project by presenting comprehensive content questions, practice problems and case studies.
Hours of Continuing Education Credit: 5 hours
Method of Presentation: This course is delivered entirely through the internet, including the final exam. No printed materials are provided.
Course Offering Category: Consumer Protection
Course Completion Time Limits: You have 12 months from date of purchase to complete this course.
All tuition and fees paid for the course are due and refundable when: (a) the course of instruction is discontinued by the school, preventing a student from completing the course; OR (b) the enrollment of student was procured because of any misrepresentation in advertising, promotion materials of the school, or representation made by an owner or employee of the school. All refunds will be completed within 30 days after the effective date of enrollment termination
Our authentication system incorporates a mechanism for preventing fraud by ensuring that the student registered for the course is engaged in the course material. During course enrollment, students create a personal registration profile by entering personal information on a secure page so that the provider may process certification. The required information may include driver’s license number, address, and form of payment. During registration, the system also prompts the user for additional personal validation information used during the course: “How many doors does your vehicle have?” / “How did you renew your driver’s license last?” / etc.
Randomly, the user is prompted with a personal validation question at several points during the course; these questions are based on the answers provided by the student during registration. Additionally, the questions are timed and must be answered correctly for the trainee to proceed with the course. If the question supplied is incorrect, the course is suspended and the trainee is prompted to call the provider to explain why they failed validation. Their information is verified by a trainer who can then remotely unlock the course to allow the student to proceed with the coursework. If this personal information is not verified, the provider will suspend the student from any further access, refund any tuition payments collected and take the appropriate administrative enforcement actions. This validation sequence is enforced randomly on multiple occasions upon entering, taking and exiting the course.
At the end of each lesson there will be a short quiz of 10 multiple choice questions. You must pass this quiz with a 70% or better to move forward with the course. The quiz will be automatically graded as you complete it. Failure to pass the quiz with 70% will result in repeating the lesson.
Correspondence Course Identification Statement:
Participants shall present one of the following forms of identification immediately before the administration of the final examination:
- A current California driver’s license.
- A current identification card described in Section 13000 of the California Vehicle Code
- Any identification of the participant issued by a governmental agency or a recognized real estate related trade organization within the immediately preceding five years which bears a photograph, signature and identification number of the participant.
Final Examination Rules:
For the final exam, the student will have 20 minutes to complete the closed-book exam. The final exam consists of twenty (20) multiple choice questions. The student will need to score 70% or better to pass the exam. The student will be given 1 minute per question to answer the questions during the final exam. The student will not be able to print or download the exam. After the 20 minutes, have passed the student will automatically be logged out of the final.
Please note that the student will have (2) chances to take the final exam.
DRE Regulation 3007.3(c) will only allow students to take exams for a maximum of 15 approved credit hours in any 24-hours period.
Online Evaluation Statement:
A course and instructor evaluation is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 318A” in the search box located in the upper right corner of the home page.
Course Provider Complaint Statement:
A course provider complaint form is available on the California Department of Real Estate (DRE) website at www.dre.ca.gov. Access this form by typing in “RE 340” in the search box located in the upper right corner of the home page. An informational form regarding course provider complaints, “RE 340A” is also available.
When Does My Course Expire?
Your course will expire one (1) year after you purchase it (the date you submit payment), unless the course itself indicates otherwise.
How Quickly Will I Get My Certificate of Completion?
Once you finish your course and pass any required exams, you can print your certificate of completion right away.
What Can I Do If I Lose My Certificate?
If you lose your certificate of completion and need a new one, you can contact customer service at (877) 881-2235 or email@example.com.
What If I Need a Refund for My Training Course?
If for some reason you are not happy and would like a refund, send us a request within 72 hours of purchase. Here are the eligibility requirements you must meet:
- Your purchase was made no more than 72 hours prior to your refund request.
- You have NOT
- Attempted any portion of a test or exam.
- Requested or been issued a certificate of completion.
- Completed 50% or more of the purchased course.
If you meet all of these criteria, submit your refund request in writing via email to firstname.lastname@example.org with a proof-of-purchase receipt and an explanation for why you are requesting a refund.
You can find more information about our refund policy here.
|Name:||California Department of Real Estate (DRE)|
|Address:||1651 Exposition Blvd|
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