Last week I attended a seminar taught by an attorney who is also a CPA. I would like to share with you some important information he shared regarding the best way to hold title on your home. I want every one of my clients to be aware of the benefits and implications of the type of title you are holding on your property. The title to your home or a rental property is a very different type of...
Sellers
Many people who have owned investment property for any length of time may consider selling the property they have and buying a different property that could increase cash flow, depreciation write offs, and net assets. The main thing that stops most investors from doing this is the fear of paying Uncle Sam thousands of dollars in depreciation recapture and capital gains tax. I work with investors who...
No, it Does Not! A considerable number of property owners who have been through bankruptcy are unaware of their personal obligations vs. their real property. For example, a property owner owes money to "Credit Card Company X" and does not pay them. "Credit Card Company X" goes to court and then records a judgment. The property owner files bankruptcy and lists "Credit Card Company X" as a creditor...
It pays to use a Realtor for your real estate...
What is a Homestead and What Does it Do? In California, a homestead gives protection against involuntary claims against an owner’s home. If a money judgment is rendered against you in court, the person who won the judgment against you may try to collect the monetary damages by garnishing your wages, bank accounts, or having your automobile or home sold to pay off that judgment. The homestead law...
Take a look at the most recent survey regarding the top reasons clients appreciate their Realtor. These top areas represent my goals in service to you, your family and friends. I look forward to working with you or your...
The housing market is improving making now a great time to buy or sell. Below are the top areas...