Join us for RPR Training on May 23rd

Learn how to use the Realtors Property Resource

The RPR is for REALTORS only and includes tax data, deed and mortgage recordings, FEMA flood maps, neighborhood and demographic data, school information and all of our MLS data too.

Everything you want to know about a property is here in one place, along with some easy to generate, attractive and comprehensive reports for buyers and sellers.

Attend this one-hour class and take advantage of this powerful tool.  We'll also look at these newly added features:

• Check out the new RPR Commercial site.
• Neighborhood and Market Activity Reports.
• Powerful property search tools.
• New valuation tools that give you more control.
• Great tools for brokers.

Space is limited.
Reserve your Webinar seat now at:

10:00 AM Session or   2:00 PM Session

Meet, Greet and Build Relationships!

Join us on Wednesday, May 22nd from 4:00 p.m. - 8:00 p.m. at the BlackFinn American Saloon (530 Main Street, Royal Oak).  Admission is just $5.00 per person and includes complimentary appetizers and a drink ticket.  Plus all attendees will be entered into our Prize Drawing - to be held at 6:00 p.m.!

Call Elaine at (248) 478-1700 or email Elaine@GMARonline.com

NEW GMAR Member Benefit Being Rolled Out

Section 105 Medical Reimbursements

Every year, small business owners and self-employed individuals look for ways to save money and increase their tax deductions.  Most of these small businesses aren’t aware of a program available to turn their everyday family medical expenses into a business expense.  Allowing existing medical expenses to be deducted off-the-top, reduces the taxable income reported by the business, which results in a substantial tax savings.

A self-employed individual can turn these family medical expenses into a business expense through the use of a Section 105 Medical Reimbursement Plan. This is also known as a Health Reimbursement Arrangement (HRA). BizPlan provides this service. To be eligible for BizPlan, a self-employed individual must be married and legitimately able to employ his/her spouse. Just like with any employer, a ‘compensation package’ can be offered to the spousal employee, which includes a small monthly cash wage + the reimbursement of all family medical expenses incurred throughout the year.

BizPlan allows qualifying individuals to deduct 100% of their family health insurance premiums as well as any/all medical, dental, and vision expenses. BizPlan participants save an average of $5,000.00 per year through this program.

Take a few minutes to watch this Video explanation (11 mins.)

Want more details?  Contact McNeil Lunenburg, Regional Director at (608) 268-8862 or McNeil.Lunenburg@tasconline.com

Deed in Lieu of Foreclosures for Qualifying Underwater Mortgages

Deed in Lieu of Foreclosures for Qualifying Underwater Mortgages

The following will be effective March 1, 2013

Fannie Mae and Freddie Mac announced new rules that will become effective March 1st which will provide homeowners current in their mortgages but in positions where they might be contemplating a "strategic default" with an alternative.

Click here to view the details.