Category Archives: Uncategorized

What is a 1031 exchange?

What is a 1031 exchange? Section 1031 of the Internal Revenue Code allows a taxpayer who owns a property held for investment or used in a business to exchange a relinquished property and defer paying federal, state capital gain taxes … Continue reading

Posted in Uncategorized | Leave a comment

Solar panels and refinancing

Solar panels and refinancing. It is a problem if you have solar panels if you want to refinance or sell your house? The answer is that it depends on which type of program you participated in and if you financed … Continue reading

Posted in Uncategorized | Leave a comment

$4,000 Grant for First- Time Homebuyers who buy within the San Fernando and Santa Clarita Valleys!

$4,000 Grant for First- Time Homebuyers who buy within the San Fernando and Santa Clarita Valleys!   The Southland Regional Association of Realtors is currently offering grants to qualified first-time home buyers who purchase an REO/foreclosure or short-sale property, or an … Continue reading

Posted in Uncategorized | 1 Comment

There is a fire sale on real estate!

There is a fire sale on real estate! Bloomingdales is having a sale!  90% off everything in the store!  But I think I’m going to wait? Wait….for what? I think they might have a 95% off sale……okay…you wait for that, … Continue reading

Posted in Uncategorized | Leave a comment

Is your Loan officer a Big talker but couldn’t pass the mortgage exams?

Is your  loan officer a big talker but couldn’t pass the mortgage exams! Lawyers pass the BAR exams in order to practice law.    CPA’s, Accountants and tax attorney’s all pass different tests in order to obtain their designations. Doctors , … Continue reading

Posted in Uncategorized | Leave a comment

What is a Supplemental tax bill?

What is a Supplemental tax bill?   In Los Angeles county taxes are paid on a fiscal year starting from July to June of the following  year. Taxes are assessed on the values as of January 1st of every year. … Continue reading

Posted in Uncategorized | Tagged , | Leave a comment