Description

GRI 101 - Taxation & Investment Property; Tax & Self-Employed with Chris Bird, CFP, CRS GRI 101 Taxation and Investment includes some of the most relevant issues that REALTORS® need to be aware of, including the following: 1. The latest information regarding the tax deductibility of Real Estate Taxes on a principal residence as well as the changes in the home mortgage and home equity indebtedness interest deductibility rules as a result of recent tax reform (2017). 2. The latest information regarding the tax changes to the IRC 1031 Exchange. 3. The latest information how the tax changes impact deductions for real estate investment properties. These issues are important for REALTORS® to know because they impact their clients and customers as well as themselves.

In addition, GRI 101 includes strategies regarding the buying, holding, and selling of investment real estate, as well as covering many of the most significant tax deductions that self employed individuals are allowed to deduct, including the new 20% Qualified Business Income Deduction that most self-employed individuals can deduct starting in 2018.