All Forum Posts by: Rada Vassil

@James Park  I'm not an expert in taxes, I'm just looking for information trying to better understand this matter :) 

Here some links I found useful: 

State taxes: Florida

State taxes: Texas

Income Taxes » State Tax Rates

Hi @James Park, here I found an article that may answer your question: 

How Tax Brackets Work: Examples and Myth Busting

"Your tax bracket is not the tax rate you pay on all of your income after adjustments, deductions and exemptions.

Your tax bracket only determines the amount your income tax increases if you earn one additional dollar of income (ignoring the effects of rounding.)"

Here are the income tax brackets for 2014 and 2015 (from Bankrate). 

The same six tax rates still apply, but the income that falls into each in 2015 is adjusted for inflation.

http://www.biggerpockets.com/blogs/5881/blog_posts/41785-2014-and-2015-income-tax-brackets

Hi @Carlos O. I agree - it's not too surprising. But is good to know how safe the city is, it makes me feel good :)

Here is a statement from the City Manager Jennifer Cervantez:

"FBI has confirmed that Rancho Santa Margarita has the lowest crime rate in Orange County, and we are the 5th safest city in the nation, making this an ideal place to live, work, and prosper."

                                                               Rancho Santa Margarita Newsletter, Jan 02, 2015

@Matt R.  I've found some interesting info for LA: 

"West Coast cities like Los Angeles will continue to draw large amounts of Chinese investment as that country's real estate bubble continues to deflate and investors seek safer havens for their money."

Here's the article: UCLA Anderson Forecast predicts 'normal' California housing market

I'm glad you've found the info useful, @Matt R.  Thanks for voting!!

New data from Reis predicts the top 5 and bottom 5 metros for vacancy and rent increases in 2015.

California is predicted to have the 3 of the 5 metros with the highest asking rent increases, and 3 of the 5 metros with the lowest vacancy rates as well.

From MFE Magazine :

2015 VACANCY RATES

Sacramento 2.2%

Rochester 2.6%

Providence 2.8%

Ventura County 2.8%

San Bernardino/Riverside 2.8%

Bottom 5 Metros:

Charleston 7.4%

Birmingham 7.6%

District of Columbia 7.6%

Raleigh-Durham 7.8%

Memphis 8.9%

Thanks, Ndy! Very useful info & charts.

"7. Multifamily will reign"

I just ran across a today's article in National Real Estate Investor that predicts the demand for apartments will only grow :

"...Is there enough demand?

The answer to this question is a resounding yes. With some 80 million student-debt burdened Millennials entering the renter pool, the demand for apartments will increase dramatically over the next 5 to 10 years. The fact is, 23-year-olds are now the single largest age group in the U.S., and the largest cohort of renters is aged 20 to 34.

In addition, the baby boom cohort (the oldest being age 68) is increasingly interested in renting apartments. As many in this generation retire, sell the “nest” and enter a new lifestyle to become leisure travelers, they are increasingly seeking the maintenance free environment that renting can offer. This new renter group is only adding to the demand for multifamily...."

Here's the full article: http://nreionline.com/viewpoints/are-we-multifamil...