The online dictionary definition states, “The joy derived from the misfortunes of others”. Have you ever felt a little pleasure when some athletic team loses? An election loss by someone you do not respect? Etc. Etc. One example from my past involves the Boston Celtics and Red Auerbach, their long time very successful coach. They made […]
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A NEW 2023 LAW
To qualify to take the Brokers Exam, an applicant must show that they have two years licensed experience in the real estate field or a college degree with a major or minor in real estate or equivalent experience in real estate related occupations such as escrow or lending. The experience must be within the five […]
SAFEGUARD YOUR DATA
The Spring issue of the NAR Magazine had an excellent article on this topic. The local Realtor and National Realtor Magazines are always worth the time to review. There is a valuable quote at the end of the offering. By Tim and Julie Harris from their book, “Old School Etiquette for a New World Communication”. “Communicate […]
SANCTIONS AGAINST COURSE PROVIDERS
Years ago every licensee received a DRE Quarterly Bulletin by mail. Everyone would immediately go to the section that showed the penalties imposed on licensees in the previous quarter. Many times you would see someone you knew or knew of. In today’s market this information is posted on the DRE Website. Enter Summary of Enforcement […]
YOU HAVE A TAXPAYER’S BILL OF RIGHTS
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 […]
Property prices and cost of capital test buyer readiness May 2023
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 […]
SECRETS TO A HEALTHY HEART
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. […]
IRS 1031 TAX FREE EXCHANGES
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 […]
WHAT’S UP AT DRE THAT IS OF VALUE TO YOU
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 […]
IRS TAX TIP: ONLINE LEARNING OPPORTUNITY FOR SMALL BUSINESS OWNERS
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 […]