Wednesday, May 5, 2010

The 1031 Tax Free Exchanges Class

For those of you that are trying to get those last courses in before the requirement with the North Carolina Real Estate Commission runs out, you might want to check out the residential boards schedule. On May 13th the Raleigh Regional Association of REALTORS, located at 111 Realtor Way in Cary, has a whole day of Continuing Education that may be of interest.

The first class is the Mandatory Update with Tom Mahlum from 8:30 am to 12:30 pm. Yes, it's a residential class but unless you're going to travel to see Cindy Chandler teach the commercial examples class, that's all that is left. We had our last commercial version back on April 1. Topics included in this class are Agency Disclosure Requirements, selected Property Management Issues, "Due Diligence" in residential transactions, licensing and education issues and North Carolina Real Estate agent safety.

The second class, the four hour elective course, may be of some interest to commercial brokers. It is the 1031 Tax Free Exchanges from 1:30 to 5:30 and is also being taught by Tom Mahlum. This course explores the history, evolution, rules and forms of the strategy used to defer tax liability until a later date. This class has tons of real-life examples and math calculations. Agents will learn the vocabulary and application of tax free exchanges so they are better able to answer client questions.


You can register online at www.rrar.com . You can also contact RRAR at 919-654-5400 or email CaraM@rrar.com with any questions you might have in regards to their continuing education classes.

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