Category Archives: Investors – Investment Income

1031 Deadline Date Relief for CA Wildfire Affected Exchangers

 Here is an article that I hope will help investors who lost property in the California wildfires. Revenue Procedure 2007-56 permits extension of IRC §1031 exchange deadlines upon issuance of an IRS Notice or other guidance permitting relief to taxpayers … Continue reading

Posted in 1031 Exchanges, Investors - Investment Income, IRS, NAR-National Association of REALTORS®, Real Estate - Sellers & Buyers, REALTOR®, Tax Basis, Tax Relief, Wildfires | Tagged , , | Leave a comment

Your Check Is In The Mail!

There is a possibility that you may be receiving a check in the mail as “Compensation” from the banks for a short sale, denial of loan modification, foreclosures, bankruptcy, or a myriad of other actions by the bank for which … Continue reading

Posted in Foreclosure, Investors - Investment Income, Lenders & Loans, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Seller Disclosure, Short Sales | Tagged , , , | Leave a comment

HAFA Eligibility Checklist

I just listened to a webinar that mentioned that the HAFA (Home Affordable Foreclosure Alternatives) program has been exteneded through the end of  2014 CORRECTED – SHOULD BE  2013.  Now IF the Debt Forgiveness Act is extended also, we will have a … Continue reading

Posted in FHA & VA Loans, Foreclosure, Investors - Investment Income, Lenders & Loans, NAR-National Association of REALTORS®, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Real Estate - Sellers & Buyers, REALTOR®, Security Clearance, Short Sales | 1 Comment

INVENTORY Info Request from READER

QUESTION FROM NEWSLETTER READER 5/21/12: I wonder if you could give your thoughts on the amount of “shadow” inventory for the south bay. I guess shadow inventory would include REO, pre-foreclose, & short sale. Why is inventory so low? Thanks, … Continue reading

Posted in Foreclosure, Investors - Investment Income, Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Short Sales | 2 Comments

3.8% Tax Coming 1/1/2013 on Investment Income

The 3.8% Tax Real Estate Scenarios & Examples Effective January 1, 2013 The NATIONAL ASSOCIATION OF REALTORS® has developed this informational brochure to help consumers understand the taxation effect of the new tax — passed by Congress in 2010 with … Continue reading

Posted in Income Tax, Investors - Investment Income, NAR-National Association of REALTORS®, Tax Basis | 1 Comment

Investors….. They STILL don’t get it!

I recently had a short sale go south. This is so sad because now the Buyers lost an opportunity to become homeowners and the investors lost the chance to recoup almost 75% of their money. The property will now go … Continue reading

Posted in Foreclosure, Investors - Investment Income, Lenders & Loans, NAR-National Association of REALTORS®, Real Estate - Sellers & Buyers | Leave a comment