When I talk to a potential seller of a property we have to discuss the potential tax consequences. An investment property can use 1031 Exchanges to defer taxes and use the proceeds to upgrade or diversify their real estate holdings. With an owner occupied residence the sale incorporates a limited ... » Learn More about Why Raising the Home Sale Tax Exclusion Is Crucial for Los Angeles – And It Looks Like It’s Finally Coming
Regulations and Laws
Trump vs. the Fed: How Politics Could Drive Mortgage Rates Higher
President Trump has been all over the Federal Reserve pressuring them to lower interest rates since he took office in January. After the Fed Dropped their overnight rate a full percent the end of '23, they've been on hold. Tariffs, Immigration policies, sticky inflation, soft employment... The Fed ... » Learn More about Trump vs. the Fed: How Politics Could Drive Mortgage Rates Higher
New CEQA Reforms Could Finally Unlock Housing Development
CEQA Reform: A Much-Needed Boost for Housing in California If you've ever wondered why housing in California is so expensive, or why it takes years just to get a shovel in the ground on a new residential project, much of the blame traces back to a 1970 law: the California Environmental Quality ... » Learn More about New CEQA Reforms Could Finally Unlock Housing Development
Need Better Rates? Start with a Better Credit Score
Credit scores are critical when it comes to qualifying for financing, whether it’s a mortgage, car loan, or even a new credit card. The higher the score, the easier it is to qualify and the better the interest rates you’re likely to get. Even a small difference of just a few points can have a real ... » Learn More about Need Better Rates? Start with a Better Credit Score
Reverse Mortgages Explained: Pros and Cons
I have several clients that are equity rich but cash poor. I receive referrals from Financial Planners to evaluate retirees’ options from the real estate finance side. Reverse Mortgages are viable options. Reverse mortgages have come a long way. What was once considered a “last resort” is now ... » Learn More about Reverse Mortgages Explained: Pros and Cons