The mortgage rates have had gyrations over the past few months, presently just under 7% for the 30-year fixed. The buyer base is getting accustomed to the higher rates, but rates still affect the affordability, especially when paired with the property values going up. Click to enlarge In ... » Learn More about San Fernando Valley Real Estate Market Update March 2024
Regulations and Laws
How The Real Estate Sales System Will Change Post NAR Settlement – Pros and Cons
The real estate business model, how buyer and seller representation is constructed, commissions paid, and transactions negotiated is presently in a period of transition. I’m not going to get into the weeds on the seller and buyer lawsuits, the DOJs reneging on a prior negotiated agreement, ... » Learn More about How The Real Estate Sales System Will Change Post NAR Settlement – Pros and Cons
How You Can Be Broadsided By Taxes When You Sell Your Home With A Home Office
When the pandemic hit, seems like everyone started working remotely, and created a home office. The IRS lets us write-off that portion of the home for business use. I’m not going to get into the methods or calculations for the deduction, but the tax implication when that home is ... » Learn More about How You Can Be Broadsided By Taxes When You Sell Your Home With A Home Office
Your Tax Benefits; Understanding How Revocable and Irrevocable Trusts Impact 1031 Exchanges
The main difference between a revocable trust and an irrevocable trust is the degree of control that the person creating the trust (the "grantor") has over the assets in the trust. A revocable trust, also known as a living trust, is a trust that can be modified, amended, or terminated by the grantor ... » Learn More about Your Tax Benefits; Understanding How Revocable and Irrevocable Trusts Impact 1031 Exchanges
New Free Real Estate Book INHERITED – WILLS, TRUSTS AND REAL ESTATE : INHERITANCE STRATEGIES
Do you know anyone who recently inherited a home, setting up an estate plan, or dealing with the loss of a loved one? I’ve made it my mission to help home sellers & families who may be going through a difficult time and need help to analyze their options regarding their real estate holdings. ... » Learn More about New Free Real Estate Book INHERITED – WILLS, TRUSTS AND REAL ESTATE : INHERITANCE STRATEGIES