Increase the value of your designation by joining the Communications Taskforce!
PURPOSE: Increase the value of IREM designations by creating value in each area of Chapter communication including classes, events, luncheons, dinners, emails, mailings and special events.
HOW: Analyze current and target demographics; develop & execute communications strategy; help meet the goals of IREM.
WHO: You! Special assistance needed from those with strong analytical and/or creative backgrounds.
WHEN: Meeting dates will be determined once the group is formed.
SIGN UP NOW by Emailing Chasten Fulbright!
Please join us to raise money for the IREM Education Fund at Harbour Pointe Golf Club.
REGISTER HERE NOW!
SPONSORED BY: IREM & Apartments.com
DATE: Thursday, July 15, 2010
PLACE: Harbour Pointe Golf Club
TIMES: 9A Registration and Pre-Tournament Events
10:45A Shotgun Start - Scramble Format
5P Dinner and Awards
REGISTER HERE NOW!
SPONSORED BY: IREM & Apartments.com
DATE: Thursday, July 15, 2010
PLACE: Harbour Pointe Golf Club
TIMES: 9A Registration and Pre-Tournament Events
10:45A Shotgun Start - Scramble Format
5P Dinner and Awards
The Asset Analysis Series is comprised of skill-based courses that, when taken in sequence, progressively builds your knowledge of asset analysis. You’ll work hands-on with fellow participants to explore various models of financial analysis in three applications-based courses designed to help you capitalize on your real estate assets. CPM Candidates and experienced professionals alike will find the tools they learn here indispensable to the properties and the portfolios they manage.
Asset Analysis Courses:
Laptop Computer Strongly Recommended.*
INSTRUCTOR: Eric Storey, CPM
LOCATION: IREM Office Training Room, Kirkland WA
WHEN: 5 days - May 17 - 21
COST: Tuition: $1,450 Premier member; $1,680 Classic Member $1,805 nonmember
Registration: REGISTER HERE NOW!
Asset Analysis Courses:
- Investment Real Estate Financing and Valuation – Part One (ASM603) 13.5 Clock hrs
- Investment Real Estate Financing and Valuation – Part Two (ASM604) 14 Clock hrs
- Investment Real Estate Financing and Valuation – Part Three (ASM605) 8 Clock hrs
Laptop Computer Strongly Recommended.*
INSTRUCTOR: Eric Storey, CPM
LOCATION: IREM Office Training Room, Kirkland WA
WHEN: 5 days - May 17 - 21
COST: Tuition: $1,450 Premier member; $1,680 Classic Member $1,805 nonmember
Registration: REGISTER HERE NOW!
In response to questions poised by Shawn Hoban, CPM of Coast Management, John McCoy, State Representative of the 38th LD responded with the following letter:
Dear Mr. Hoban,
Thank you for your email. I appreciate your position on the issue of repealing the B&O tax exemption for on-site property managers.
Washington State's B&O tax generally applies to all sales of services. The tax applies to the income received both by the service provider, as well as by any subcontractor hired to perform all or part of the services on behalf of the original service provider. The success of the B&O tax depends on this "pyramiding" application. Therefore, exemptions from the tax are infrequent and typically narrow. RCW 82.04.394 provided a narrow exclusion from B&O for amounts received by a property management company from the owner of a property for gross wages and benefits paid to on-site personnel, and paid directly from a trust account maintained under RCW 18.85.285.
While the legislature did approve SB 6143, which in part repealed the B&O exemption for on-site property managers, the bill does not affect the general agency exemption outlined in WAC 458-20-111 (Rule 111). Taxpayers may still receive pass-through treatment for certain income, provided that all elements of Rule 111 are met. Where the property owner (rather than the property management company) is the employer of record for on-site managers, Rule 111 may potentially still apply.
Determining eligibility for pass-through treatment under Rule 111 is a very fact-specific process. The Department of Revenue's Taxpayer Information and Education section can provide a written ruling on whether Rule 111 would apply in any particular situation.
I know this doesn’t alleviate all of your concerns, but I hope it helps address some of the issues you described.
Sincerely,
John McCoy
State Representative, 38th LD
For the 5th year in a row, Chapter 27 has received IREM's highest level award for its Chapters.
Chapter 27 is being represented at the National Legislative and Leadership Conference in Washington DC by Chapter President Barry Blanton, CPM; Presdent-Elect Nikki Anderson, CPM; Vice President Glen Bachman, CPM; Executive Council Member Mayra Jacobs, ARM/CPM Candidate; Executive Director Kris Morris, IAE; and Regional Vice President John Hatton, CPM.
Chapter 27 is being represented at the National Legislative and Leadership Conference in Washington DC by Chapter President Barry Blanton, CPM; Presdent-Elect Nikki Anderson, CPM; Vice President Glen Bachman, CPM; Executive Council Member Mayra Jacobs, ARM/CPM Candidate; Executive Director Kris Morris, IAE; and Regional Vice President John Hatton, CPM.
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