Blogroll
All My Wisdom(s)….
Pinterest Postings
BLOG Category List
Pages
FaceBook Page
Category Archives: Investors – Investment Income
1031 Exchanges & Capital Gains – Do You Know?
Here is a great Quiz from The National Association of REALTORS® Magazine. Do you know all you need to in order to exchange a property and defer capital gains? (Be sure to follow up with a Qualified Intermediary to see how … Continue reading
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
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
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
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
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
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