As we are wrapping up tax season I thought it would be appropriate to share some tips and tricks for putting your real estate to work for you for some tax savings and benefits with a 1031 Exchange. There are few situations where this can be beneficial. To determine if these tax savings and benefits […]
Real Estate Laws
Five Things to Know About California’s 2018 Tax Bill
Trying to sort out the key takeaways from the new tax bill? Here are some of the important changes you should be aware of. Contact us to discuss how the new tax laws may affect those of you who already own real estate or plan to purchase real estate in the new year. 1.Capital gains […]
CA Real Estate Laws 2015: Borrower can request suspension of home equity line during escrow
If a borrower has a home equity line of credit (HELOC) secured by a lien on his or her house, the HELOC loan is supposed to be closed and not drawn on during the sale or refinancing of the house.
2015 CA Real Estate Laws: Landlords and tenants can use email regarding security deposits
This is part of our series about new 2015 California Real Estate laws. Click here to see the series. The new law permits landlords and tenants to agree to the use of emails for some notices and agreements regarding security deposits. Most important, the new law includes the Notice of Right to Inspection Prior to Termination […]
2015 California Real Estate Laws: Document Bundling Prohibited by HOAs
This post is part of a series about new 2015 California Real Estate laws. Click here to see the series. Document Bundling Prohibited by HOAs: Sellers must now pay all fees This California Association of Realtors (CAR) sponsored bill prohibits the practice of document bundling (requiring the purchase of a package of documents together with the […]
2015 Real Estate Law: Debtor retains right to redeem property after sale beyond 90 day period
This is part of our series about new 2015 California Real Estate laws. Click here to see the series. In 1982 the legislature wrote into code the Enforcement of Judgments Law which says that a sale of real property pursuant to execution sale regarding enforcement of judgments is absolute and may not be set aside. As a safeguard, […]