| 1.
|
Explain how to determine what type of real estate investment is
suitable for the investor. (I)
|
| 2.
|
List and explain the price, types of values, and risk associated with
real estate. (II)
|
| 3.
|
Explain the supply and demand concepts and the effect of shifts in an
atomistic, monopoly, or price searchers market. (III)
|
| 4.
|
Identify the economic factors and services to be researched in land
utilization. (IV)
|
| 5.
|
List and explain the design and techniques of a market research
report. (V)
|
| 6.
|
Explain ways to measure demand. (VI)
|
| 7.
|
Develop a current financial statement for an investment property.
(VII)
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| 8.
|
Explain the effect of financial leverage on the financial analysis.
(VIII)
|
| 9.
|
Explain and give examples of income forecasts. (IX)
|
| 10.
|
Define tax basis, adjusted income, gains, (losses) on disposition,
cost recovery, recapture and alternative tax rules as they apply to
real estate investment. (X)
|
| 11.
|
Describe the tax and liability concerns of forms of tenancy and
ownership. (XI)
|
| 12.
|
Describe tax benefits of rehabilitation of nonresidential or historic
structures. (XII)
|
| 13.
|
Explain like kind section 1031 exchanges, tax benefits and affect on
cost basis. (XII)
|
| 14.
|
Apply ratio analysis and time value of money to a five year income
projection to demonstrate return on value, return on equity,
discounted cash flows, and internal rate or return. (XIII)
|
| 15.
|
Explain the major risks of real estate investment and ways of
controlling and reducing the risk. (XIV)
|
| 16.
|
Describe five methods of risk adjustment. (XV)
|
| 17.
|
Explain real estate syndications and REIT's as security offering.
(XVI)
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|