Taxpayers who turn 73 years of age this year will learn all about an interesting IRS Regulation: Required Mandatory Distributions from your taxable Retirement Funds. Most of you 73ers have heard about the tax, but you might want to know some simple facts. These nuances were researched in IRS Publication 590B, not AI. See your tax […]
Alerts are constantly appearing, stating the same thing: Check anything created by AI. It can be wrong. And I have found AI to be wrong in 5 different responses. #1 — Taking the NMLS SAFE Test: AI SAID: “Before you can take the NMLS SAFE test, you must complete a 20-hour course.” NMLS SAYS: No, […]
A memorable day for me. The Japanese Empire announced that they were ready to begin the process of surrender. The 44-month war was over. Racine, WI was a town of about 90,000 at that time. It seemed to me that the entire town was massed around the downtown Memorial Square that hot August Night. There was dancing, singing, […]
Security deposits continue to be one of the most misunderstood topics in California property management. Laws have changed in recent years, and even experienced landlords and real estate professionals can be caught off guard by the details. Whether you manage rental property, represent investors, or simply want to stay current, this quick 10-question quiz is […]
On September 29, 2020, the Department of Business Oversight was renamed the Department of Financial Protection and Innovation. You might remember that before the DBO name was established, the Department was known as the Department of Corporations for many decades. The DFPI regulates many services in California. According to Wikipedia: “The DFPI protects California consumers and […]
One of the regrets of my real estate buying life is that I never considered using a VA loan. I was a Navy LTJG during the Cold War, and I thought only Veterans who were in the military during a shooting war were eligible. Not too bright. Since becoming involved in Mortgage Loan Education, I’ve […]
When it comes to choosing a mortgage, the loan term is one of the most critical decisions a borrower must make. While 30-year mortgages are the most popular choice in the U.S., 15-year mortgages have gained significant attention for their unique advantages. If you’re considering a home loan, understanding the benefits of a 15-year mortgage […]
For years, I have watched many drivers spot an empty parking space and then back into it without a flourish. They squeeze their large Silverado truck into compact spaces as if they are training for a Mission: Impossible driving scene. Sometimes, I feel like I should applaud. To understand why they do this, I went […]
We have sent you testimonials from our students in our emails so you can hear what people say. And as the owners, DJ and I are proud of our instructors. Sometimes we get a testimonial that is above and beyond. In our Mortgage Loan Origination course on June 26th, John Shore taught the morning session covering Non-Traditional […]
All licensees should be familiar with this form. It will save time and avoid confusion. A copy is at the end of this email. First, in California, Real Estate licensees do not need to complete any continuing education courses if they are over 70 years of age and have had their license (sales or broker) in […]
