The Tax Man - Part 3
Thursday, December 22
"Thinking is one thing no one has ever been able to tax" - Charles KetteringAs we wrap up our newsletter series on taxes, we saved the best strategies for last. Today, we are going to do an overview of the legendary process of deferring taxes that just about no one thinks of, and what most agents...
The Tax Man - Part 2
Thursday, December 22
Tax Fact: Nearly 300,000 trees are cut down yearly to produce the paper for all the IRS forms and instructions. HappyEarth Day (just in case you did not know).Extensions have been filed and refunds are in the mail. As you reflect on the money you paid in taxes in 2015, it’s a good time to think a...
The Tax Man - Part 1
Thursday, December 22
Did you ever notice that when you put the words "The" and "IRS" together, it spells "THEIRS?" ~Author UnknownAs Tax Day quickly approaches (April 18, 2016), I hope most of you are well on your way to filing promptly. Although I love numbers, doing hundreds of tax returns for clients is definitely...
Escrow - Where Transactions Go To Die
Thursday, December 22
Escrow 101All jokes aside, escrow is an important part of real estate transactions in California. Despite being a mysterious place where transactions inevitably get delayed, stalled, cancelled, and everything else in between, you will be hard pressed to find a transaction that did not utilize the...
What Is In Taking Title?
Thursday, December 22
Everyone wants to be on title, but nobody wants to be a guarantorMr./Mrs./Miss - no not that kind. The best way to "take title" to a property can be a touchy subject - but that's for another post! However, understanding title is fun - so let's chat about it.First, let’s talk definitions: What is ...
Equity Rich and Cash Poor
Thursday, December 22
The Bay Area Wealth ConundrumThe Bay Area is unique - not just for our farmers markets, tech startups, and great weather, but because it is not uncommon to have a neighbor with a net worth of $1MM+ struggling to make ends meet.Equity = Assets - Liabilities For those that purchased real estate bef...