CE Class

Can a Vacation or 2nd homes be exchanged?  How 1031 investor-parent can help their kids buy a house. Exchange into an eventual second home or principal home. How a mixed-use property: short-term rentals, live-in part, has land or runs a business work in a 1031. …the more you understand-the more you make in commissions.

Class highlights:

• What is a Section 1031 Exchange & why use it?
• The 3 Pillars of Real Estate Wealth
• 4 levels of Capital Gain taxes
• How is Gain calculated? It is not profit.
• Sales vs Exchange
• Keeping your Equity Intact
• How long to hold
• Rules and Time restrictions
• Vacation or 2nd home offer another 1031 opportunity.
• Unlock a Sale with 1031 that becomes an eventual 2nd or principal home!
• Mixed properties: short-term rentals, live-in part, run a business, or have land; how they  work in a 1031 exchange
• How a 1031 investor-parent can help their child buy a home with their 1031 exchange
• And more

Taught by: Annamarie Kooning, Asset Preservation, Inc.

The Bend City Council approved a mandatory Home Energy Score program that begins July 1st, 2023. The program requires that homes listed for sale in Bend obtain a home energy assessment, called a “Home Energy Score” prior to listing. The homeowner or Realtor must then share the scorecard with prospective buyers looking at the home. This class will help agents understand the score and explain it to their client.

Learning Objectives

• Understand the relevance of energy efficiency to home buyers.
• Learn the ins-and-outs of the Home Energy Score.
• Find out how to populate the score on the Central Oregon MLS.
• Know where to direct clients to find home energy assessors and next steps.
• Understand what makes an above or below average score.
• Learn how to explain the score to buyers/sellers.
• Gain resources and information to support and best serve your clients.

Taught by: Gary Kristensen, A Quality Appraisal LLC

Lunch is sponsored by: Matthew Hansen, Sharp Retention

$5 Women's Council of Central Oregon Members

$15 COAR members

$25 Day of Event (pay at the door)

COAR’s Commercial Marketing Meeting/Roadshow will head to Prineville on May 5th for a bus tour of some key commercial and industrial sites. Hear from City staff and EDCO on what's happening in Prineville. The event will begin at the Prineville City Hall and attendees will then board a bus for a tour of some key areas. Breakfast included, as well as 2 CEs. Due to bus capacity, registration is limited to 50 attendees, so sign up today and reserve your spot! 

Speakers:

Josh Smith, Planning Director, City of Prineville 

Kelsey Lucas, Prineville/Crook County Economic Development Director, EDCO

Real Estate Brokers who understand the facts about reverse mortgages are opening the door to new listing opportunities that so many didn’t know existed. This class will teach you those facts, such as the minimum requirements for a reverse mortgage for a purchase loan and no monthly mortgage payments.

Taught by Jeff Foody MLO 253303, President, Northwest Reverse Mortgage.

Save 35% on Continuing Education real estate courses on Wednesday, May 10th by visiting, COAR.TheCEShop.com and using the promo code SPRING35.