Instructor Requirements and Guidelines

For National Association of Tax Professionals and Realtors Land Institute’s Tax Implications of Real Estate Course

Instructor Requirements

In this section, you will find the experience and or knowledge requirements recommended for the instructor of the program. Following these requirements for your instructor provides reassurance that the instructor is qualified to teach the program. Having an instructor with these experiences and knowledge requirements lends credibility to the program and ensures that the learners are provided with accurate and timely information.

Technical Experience and or Knowledge Requirements

In teaching this topic, it is important that the instructor you select has experience or knowledge of the following areas of real estate taxation:

 Basis

 Mortgage Interest and Loan Charges

 Investment Interest

 Alternative Minimum Tax

 Depreciation

 Rental Property

 Casualty Losses

 Depreciation Recapture

 §121 Exclusion

 §1031 Exchanges

 Involuntary Conversions

 Installment Sales

 Repossessions

Preferred experience, but not required, includes:

 Gift taxes

 Estate taxes

 Gulf Opportunity (GO) Zone

 Disaster Grants to Businesses

 Energy Tax Incentives

Instructor Competencies

The instructor for this program should be able to meet the 14 competencies identified by the International Board of Standards for Training, Performance, and Instruction (ibstipi):

1) Analyze course materials and learner information.

2) Assure preparation of the instructional site.

3) Establish and maintain instructor credibility.

4) Manage the learning environment.

5) Demonstrate effective communication skills.

6) Demonstrate effective presentation skills.

7) Demonstrate effective questioning skills and techniques.

8) Respond appropriately to learners’ needs for clarification or feedback.

9) Provide positive reinforcement and motivational incentives.

10) Use instructional methods appropriately.

11) Use media effectively.

12) Evaluate learner performance.

13) Evaluate delivery of instruction.

14) Report evaluation information.

2 Instructor Guidelines

These are the instructor guidelines for teaching the program. It provides details on suggested room sets, pacing of the program, and other details to help ensure that the program is delivered effectively.

Meeting Room Set

The suggested meeting room set up is listed below:

 Minimum 10 ft. ceiling height.

 Meeting room must be pillar free.

 Meeting room set by 7:00am.

 Screen (8’ x 8’) located at front of room.

 Head table with tabletop podium (no chairs), located 10 feet in front of screen at floor level.

 House sound or patch for lavaliere microphone, if being used.

 Cart for LCD projector.

 Chevron style seating.

 2 people per 6’ table or 3 people per 8’ table. 30” width table preferred.

 Refreshments located in back of meeting room, if refreshments are being provided.

 Display table provided at the back of the room to display brochures, etc.

 Registration table (6’ or 8’), two chairs and wastebasket located outside meeting room.

 5 to 6 ft. aisle dividing front half of room from back of room, if necessary.

 6 ft. minimum for aisles with break table and refreshment table.

 3 ft. minimum aisles along each wall, including back wall.

 4 ft. minimum for center aisle.

 Ice water on all classroom tables and head table.

 Pads and pencils at tables.

3  Clean linens on all tables and skirting on appropriate tables.

 Coatroom or coat rack available for attendee use, where appropriate.

 Smoke-free room.

Sample Room Set-up

PowerPoint

Instructors have different preferences when it comes to PowerPoint. Some want a lot of slides and detail, while others want only the bare minimum. Please feel free to customize the PowerPoint to meet your own individual needs. The PowerPoint slides are number sequentially and referenced in the text.

Instructor version of text

The instructor version of the text includes text boxes to the left of the text to indicate when there is a PowerPoint slide to match the text.

Also, the text that is shaded indicates that the information is included in the exam so, as an instructor, you want to ensure to reference this information accordingly.

4 Suggested Timing of Course

The table below provides a general idea of the timing for the course. Please note that due to instructor style and learner participation, this may change. The ultimate goal of course, is to ensure that the learning objectives are met.

Topic/Section Length (in minutes) Time Opening the Workshop (Intro and housekeeping) 15 8:00 - 8:15 am Acquisition 100 8:15 – 9:55 am Break 15 9:55 – 10:10 am Ownership: Mortgage Interest and Loan Charges 20 10:10 – 10:30 am Ownership: Refinancing 10 10:30 - 10:40 am Ownership: Repayment and Investment Interest 10 10:40 – 10:50 am Break 10 10:50 – 11:00 am Ownership: Depreciation 60 11:00 – Noon Lunch 60 Noon – 1:00 pm Ownership: Rental Property 60 1:00 – 2:00 pm Break 10 2:00 – 2:10 pm Ownership: Rental Loss Limitations 30 2:10 – 2:40 pm Ownership: Casualty Losses 50 2:40 – 3:30 pm Break 10 3:30 – 3:40 pm Ownership: Tax Credits 45 3:40 – 4:25 pm Disposition: Gain or Loss Realized 35 4:25 – 5:00 pm

Topic Length (in minutes) Time Opening the Workshop 15 8:00 – 8:15 am Disposition: Partners & S Corporations 5 8:15 – 8:20 am Dispositions: Nonrecognition of Gain and Loss 90 8:20 – 9:50 am Break 15 9:50 – 10:05 am Dispositions: Nonrecognition of Gain and Loss (cont’d) 125 10:05 – Noon Lunch 60 Noon – 1:00 pm Disposition: Installment Sales 50 1:00 – 1:50 pm Disposition: Options, Down Payments, and Earnest Money 10 1:50 – 2:00 pm Break 10 2:00 – 2:10 pm Disposition: Lease with Option to Purchase, and 5 2:10 – 2:15 pm Repossessions Disposition: Gifts 15 2:15 – 2:30 pm Disposition: Transfer at Death, Foreign Investors, and Broker 30 2:30 – 3:00 pm Reporting Requirements Break 10 3:00 – 3:10 pm Recent Legislation, Cases and Rulings 20 3:10 – 3:30 pm Income Tax and the Real Estate Professional 40 3:30 – 4:10 pm Exam and discussion 50 4:10 – 5:00 pm