Courses and sessions presented by Christopher Bird, CFP. Each one is updated for current tax law.
CRS 204 · 2 days
Wealth Building Course
More people have become wealthy investing in real estate than in many other investments. Agents learn how to spot the right opportunities in a down market or an up market, compare real estate with other investments, and create wealth for themselves and their clients. A high-energy course on a way to generate sales that's often overlooked.
After this course, learners can:
- Identify money-making opportunities
- Compare potential investment opportunities
- Plan and invest toward retirement
- Calculate initial investment to rate of return
RRC 136 · 1 day
Tax Strategies for the Real Estate Professional
Tax laws have a major impact on the business of real estate. REALTORS®, homeowners and investment property owners are all affected every year. Participants learn the tax laws and changes that affect REALTORS®, primary residences and residential investment properties, including the changes from the Tax Cuts and Jobs Act.
After this course, learners can:
- Compare and contrast the tax law changes from the Tax Cuts and Jobs Act
- Identify the tax laws that affect a REALTOR'S® personal and business taxes
- Explain the implications of tax law on residential real estate
- List the tax laws relevant to investment properties
- Plan business changes that optimize returns
RRC 144 · 1 day
Increase Your Wealth with Rentals and Other Investments
Investment property transactions can easily grow your market by 20% and build your net worth at the same time. Learn why rental properties are ideal investments, build your own investing strategy, and use easy online financial apps to evaluate properties, then package the homes you already sell to appeal to investors.
After this course, learners can:
- Develop strategies to build wealth for investor clients and yourself
- Integrate real estate investing into your business plan
- Find, analyze and select successful investments
- Simplify ROI evaluations with easy-to-use financial apps
Interesting Income Tax Aspects of Home Ownership
Participants learn exactly who benefits from the tax aspects of homeownership, and by how much, given the standard deduction, mortgage interest, real estate taxes and other tax issues. They'll become an indispensable resource for clients, with the tax information needed to make the right housing purchase.
The Tax Impact of Residential Real Estate Investments
Taxes matter to all of us, and especially to buyers and sellers of residential rental real estate. Participants explore the financial effect a purchase or sale of these properties has on the investor, and learn the details they need to make savvy decisions and guide their clients' investments.
Tax Write-offs for the Self-Employed
The write-offs REALTORS® are allowed can significantly reduce federal, state and Social Security taxes. As an IRS agent for 16 years, Chris learned the ins and outs of the system. This updated, power-packed session covers specific, legitimate deductions you can use as a self-employed individual.
- The IRC 105 Medical Reimbursement Plan for the self-employed
- "Before tax" and "after tax": what they really mean
- Recordkeeping requirements, including how long to keep records
- Legitimate business expenses in depth: advertising, depreciation, automobiles, hiring family members, retirement plan contributions, insurance, estimated taxes, home office, travel and entertainment, and more
- Business entities and how they differ: sole proprietor, S corporation and LLC
- Current IRS priorities to close the tax gap
Advanced Asset Protection and Wealth Strategies
Take your goals to the next level while protecting your hard-earned assets. Learn to get more from your retirement plans, review your entity choices for the best tax advantages, and leverage pre-tax dollars for maximum return.
- Who the IRS is targeting now, and whether REALTORS® are on the list
- Recent tax law changes affecting Coverdell ESAs, IRC 529 plans, retirement plan contributions and loans, and estate and gift taxes
- Tax-deferred IRC 1031 exchanges: three things everyone should know
- Entity choice: sole proprietor, C corporation, S corporation and LLC, and how each affects your wealth, liability and taxes
- Buying real estate with tax-deferred retirement plans: four little-known pitfalls
Solid Investment and Retirement Strategies for REALTORS®
Chris shares his insights as an ex-IRS agent and Certified Financial Planner: maximizing pre-tax investments, strategic tax planning, recent tax law updates and how they affect you.
- Why IRAs can work for you
- The financial benefits of the Roth IRA and Roth 401(k)
- Using a Coverdell Education Savings Account for kindergarten through 12th grade
- College 529 plans for your children or grandchildren
- Smart investment and retirement strategies everyone should know
- Getting the most from self-employed retirement plans
- Wills and trusts, and what they mean to your heirs
- The most recent estate and gift tax issues
Solid Investment and Retirement Strategies for Today's Manager/Broker
A fast-paced session on recent tax law updates, maximizing pre-tax investments, strategic tax planning and the retirement issues facing broker/owners.
- Why IRAs can work for you
- The financial benefits of the Roth IRA
- Coverdell Education Savings Accounts and College 529 plans
- Getting the most from self-employed retirement plans
- Wills, trusts, and estate and gift tax issues
- The health savings account and how it can work for your family
What's Congress Up To? How Changing Federal Tax Laws Impact Your Clients and the Real Estate Professional
Congress keeps revisiting favorite deductions and tax rates. Learn how higher tax rates could change the spending behavior of upper-income clients, and the potential impact on housing markets of reducing or eliminating the mortgage interest deduction.
