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GRI 114: Taxes & the Real Estate Professional

april, 2018

16apr1:00 pm5:00 pmGRI 114: Taxes & the Real Estate ProfessionalSponsored by TBD SMDRA Affiliate Business Partner1:00 pm - 5:00 pm MST South Metro Denver REALTOR® Association

Event Details

DESCRIPTION:

Taxes are a reality and it is often said it isn’t about what you make, but about what you keep. Knowing the questions to ask the tax professionals can make a huge difference in tax dollars paid versus tax dollars saved. Most real estate licensees are independent contractors, a status that is ultimately determined by the IRS. Licensees need to be aware of the benefits and pitfalls of independent contractor status—especially as they apply to taxation. Client’s need to be made aware of the tax implications as they relate to a transaction. This course discusses taxes related to a real estate licensee’s business and how this interacts with the client’s transaction. The purpose of this course is to make licensees aware of parts of the tax code that affect the licensee’s business and the interaction with client and customer relations. Upon completion of this module, participants will be able to accomplish the following:
• Choose a proficient tax preparer.
• Apply allowable deductions against commission to reduce tax liability
• Calculate taxable income for an independent contractor
• Apply methods to calculate automobile deductions Classify allowable expenses.

 

INSTRUCTOR: Ray Sherman

Ray started his Real Estate Career in 1979 and has been a Manager/Trainer/Coach since 1983 when he opened his first office. Has been a Broker for Century 21, Moore and Company, Coldwell Banker Van Schaack, Keller Williams, Equity Colorado, Private Label Realty and now eXp Realty. Ray has managed offices as large as 350 agents and his KW office was the #1 office in Colorado in 2006. Ray is an excellent trainer and was selected as the Colorado Association of Realtors, Educator of the Year in 2007. He currently teaches the Colorado Real Estate Commission Update class, plus the Ethics and GRI classes for various Realtor Associations. He also serves as a Mediator and is currently on the Board of Directors for the South Metro Denver REALTOR® Association. Ray was selected as the 2017 SMDRA REALTOR® of the Year.

 

Continuing Education Credits:4 hours CE

SMART Designation Points: 4 Points

SMDRA Member Price: $50

Click Learn More below to Register!

REFRESHMENTS PROVIDED BY SMDRA AFFILIATE BUSINESS PARTNER: TBD | TBD

Time

(Monday) 1:00 pm - 5:00 pm MST

Location

South Metro Denver REALTOR® Association

6436 South Racine Circle

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