All pertinent records are held at the Madison Learning Center (MLC), the educational arm of Madison Commercial Real Estate Services, LLC, at its Lakewood, NJ offices located at 1125 Ocean Avenue, Lakewood, NJ 08701. The individuals responsible for coordinating the continuing education programs are Keren Peters, National Director of Sales, Marketing and Education and Elliot Zaks, Director of Operations; they can be reached at 877-Edu-Ctr1 (877-338-2871). They are also responsible for maintaining complete and accurate records for at least five years. Madison Learning Center retains records of student attendance, copies of Certificates of Completion, registration forms, teacher evaluations, and other material required by each State’s licensing agency for Continuing Education credits. In addition to student records, Madison Learning Center maintains records of instructors; resumes and bibliographical information, course outlines, promotional materials, learning objectives, and class materials.
Any CPA, Attorney, Certified Financial Planner, Licensed Real Estate Agent or Licensed Real Estate Broker seeking to satisfy mandatory continuing education requirements is eligible to take Real Estate Tax Strategies. The Program is designed specifically to advance the knowledge of IRS Code §1250, §1245 and §1031 to these specific professionals. All hours of credit apply to Areas of Professional Practice. The Program is centered on building professional expertise in the practice areas of Taxation and Real Estate, but also briefly covers the applicability of IRC §1250, §1245 and §1031 to Asset Management in Industry in the area of Finance as well as Asset Protection and Critical Legal and Tax Issues for Accountants in the area of Business Law.
Madison Learning Center provides advance information to all students specifying the Program’s course objectives, required level prerequisite expertise in the subject matter, presentation degree of difficulty, teaching methods, and the number of professional credit hours to be earned.
Madison Learning Center does not charge a fee for its continuing education courses.
All material to be given to students is created by Madison Learning Center. A copy of our course material is attached. Promotional material about Madison Commercial Real Estate Services’ products are available to attendees by request prior to the commencement of the presentation and following the presentation, but is neither discussed as a topic nor distributed during the Program presentation.
Madison Learning Center holds continuing education courses (Cost Segregation Strategies, §1031 Tax Deferral Strategies and a combined course entitled Real Estate Tax Strategies) which vary between one (1), two (2) and three (3) sixty-minute instructional hours. The differences between the 1, 2 and 3-hour programs are based on the level of detail and comprehensive coverage in the Program. If a student misses a class or does not stay for the entirety of the course, he/she does not receive credit and it is his/her responsibility to register for the course at a later time. Instruction time commences ten minutes after the start time. The ten minutes prior to instructional time is a leeway for students who are running late and does not consist of any instruction. Any student who arrives ten minutes after the start time is not permitted to sign in and is ineligible to receive credit.
To ensure students stay for the entirety of the course there is a sign-in/sign-out sheet that is maintained at all times by the course instructor. The instructor requires approximately five minutes to conduct a roll call and to record attendance on the sign-in/sign-out sheet. The instructor does not grant attendance credit to any student in who arrives ten minutes after start time or after instructional time commences. Following the course conclusion, the instructor conducts a sign-out roll call. If a student is missing during any check-in or check-out period, he or she does not receive any credit. During the first roll call, students are informed that in order to receive credit they must be present for the entirety of the course.
Madison Learning Center conducts the Program in classroom-style facilities which typically include a writing surface for each student to take notes; a presentation board (chalkboard, whiteboard, flipchart or screen), adequate space for comfortable individual seating, necessary audiovisual equipment and any other reasonable expectations of a classroom environment. The Madison Learning Center utilizes meeting space in hotel conference centers, restaurant banquet facilities, and other rented or shared spaces that have been set up as a learning environment. The arrangement of classrooms is geared to maximize interaction and communication between the instructor and class.
The standard of completion for each student includes being present and on-time for each hour of instruction. A Course Exam may be administered to ensure comprehension and reinforce learning. Upon completion, each student receives a Certificate of Completion and a copy of the same is held for Madison Learning Center’s records.
Scheduled courses will be cancelled only if the instructor is unable to instruct the course on the given day or if a large portion of the students cancel their reservations. Programs will be rescheduled provided that there are an adequate number of students rescheduling. The requisite number of students needed to constitute a rescheduled class is determined on a case-by-case basis. Since there is no fee for the course, there is no refund policy.
All of Madison Education Center’s continuing education instructors have extensive knowledge and experience in the course content they teach. Madison Education Center maintains a copy of each instructor’s resume and biographical information. Each course has time allocated to allow every student to complete an evaluation that is reviewed by the Madison Education Center and maintained in the course file. The evaluations are utilized to improve the course for future participants. A copy of our evaluation form is attached.
Students are given the opportunity to evaluate instructors and courses, and are also given the opportunity to contact Keren Peters, National Director of Sales, Marketing and Education at 848-525-8200 and/or Elliot Zaks, Principal and Director of Operations at 732-333-2333. Ms. Peters and/or Mr. Zaks will resolve any reasonable grievance to the best of their ability.
Course content is updated based on any new regulations, trends, developments and student evaluations. The daily operations of Madison Learning Center, the educational arm of Madison Commercial Real Estate Services, its memberships in relevant organizations, professional societies, including the Federation of Exchange Accommodators, ensures that Madison Learning Center is continually aware of new developments and any changes in the law of tax-deferred exchanges, whether from the IRS Cost Segregation Audit Techniques Guide, Code Section 1250, 1245 and 1031’s promulgated or revised regulations, legislative proposals, Internal Revenue Service interpretations, applicable developments in case law, business trends or other related matters. The course and its materials are updated periodically to reflect such changes.
