Risk Factors And Tax Characteristics Of Real Estate Investments, Class 3 of 4

America has failed to build enough housing to accommodate population growth for over a decade, creating opportunities. Meanwhile, office vacancies are widely expected to cause a crisis for landlords in 2024. Direct investment in real estate, an alternative asset class that diversifies securities portfolios, is crucially important for financial advisors to understand. 

This is the third class in a four-part course, teaching financial planners and investment advisors about the details of direct investments in real estate. Instructor James Wacht, who has invested in real estate for over four decades, shares his methodology for analyzing real estate in this course.

After attending this introductory class, participants will be able to answer key questions about real estate investments, including:

• What are the risk factors to consider?
• How to mitigate risk factors?
• How is real estate treated for tax purposes?
  • depreciation and taxable Income
  • capital gains upon sale
  • mortgage refinancing
  • 1031 exchanges
  • death
• What are strategies for disposing of low-basis property?

James (Jim) Wacht is the principal owner of Lee & Associates NYC LLC, a Manhattan real estate brokerage. Over the past 40 years, Jim invested in or acquired more than 50 multifamily, industrial, commercial, and retail properties. A member of The Board of Governors of the Real Estate Board of New York, in 2011 Jim co-founded Lee & Associates NYC, a network of 76 offices throughout the United States and Canada with over 1,400 real estate professionals.

This class is eligibile for one hour of CE credit for CFP^® , CIMA, CPWA, CPA and PACE credit toward the CLU^® and ChFC^® designations.

Who Should Attend: Financial Advisors, CFPs, EAs, CFAs, CPAs, CPA/PFSs, CIMAs, CLUs and ChFCs.

Cost: There is no fee to attend this course if you are a member of Advisors4Advisors ($60/Qtr).
CPE credit: 1 hour, in the Economics field of study
Prerequisites: None
Advanced Preparation: None
Course Level: Update
Course Delivery Method: Group Internet-Based
Program Policies: For more information regarding administrative policies such as refund, cancellation and complaint, please email This email address is being protected from spambots. You need JavaScript enabled to view it..

Advisors4Advisors is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. Advisors4Advisors is also approved as a continuing education sponsor by IWI, which administers the CIMA^® and CPWA^® designations, and CFP Board of Standards, which licenses the designation for CFP^® professionals.