There was an interesting overview of the IRS Taxpayer Bill of Rights in a Tax Tip email sent to me by the Internal Revenue Service (hope you are now a subscriber). The overview includes 10 important categories of rights of which you should be aware. #1: The Right to Be informed: Be told what you have […]
Your Monthly Statistical Update (MSU) for May 2023 has arrived Each month the MSU features three interrelated charts, presented both in a dynamic video as well as a PDF. Collectively analyzed, these charts provide you and your students with insight and practical expectations about the future The status of the real estate market is critical […]
Now is the time to start eating better and being active. Later might be a few minutes too late. The following article from AARP (if we can’t trust AARP, who can we trust?) gives you some information on Superfoods to add to your grocery list. Lower your blood pressure, fight inflammation and slash stroke risk. […]
The typical 1031 Exchange is not Tax Free. It is tax deferred and sometimes there is recognized tax. Is there a simple way to tell whether your gain will be deferred or recognized? Marvin Starr, a legendary Oakland California attorney, designed what he called the napkin test. He always explained that he wrote it out […]
When you go to the DRE website, you will see a screen at the top with 5 numbers. If you click on the numbers, important links will appear recommending topics you should research. I consider these the five items that are most important to DRE and hence, they should be important to you. I visited […]
The Small Business Virtual Tax Workshop can help business owners learn how to navigate their federal tax responsibilities. This workshop is an easy and convenient way for both new and experienced small business owners to learn or review topics relevant to their business. Available online at IRS.gov; it’s free and available 24/7. People can watch the video […]
First, there are many rules about the amount that can be collected. The major problems arise at check-out time. Such as agreeing what is normal wear and tear, and slow deposit return by landlords. Example: The rent is $3,000 a month and the apartment is unfurnished. You all probably know that the maximum security deposit […]
Title: The Little Silver Book: Technology Rules to Live By for Realtors®. It is little. The size of a 4 by 5 card and only 35 pages. What does NAR say about their new product? “The Little Silver Book: Technology Rules to Live by for Realtors® is a must-have for all REALTORS®. It includes key do’s […]
Three major state utility companies are proposing a new way to charge their residential customers, and part of billing for electricity would be based on income. PG&E, Southern California Edison and San Diego Gas & Electric filed a joint proposal with the state Public Utilities Commission seeking to add a fixed monthly charge for services, […]
We can get locked into doing the same old procedures and expecting different results. You might check out different methods. You do not have to adopt everything, you just have to find one good one for you. I think that you should all learn about selling or lending on single family rental units, learn property […]
