The answer is yes if your rental is in Berkeley, E. Palo Alto, Hayward, Los Angeles, San Francisco, Santa Cruz, Santa Monica, Watsonville (Watsonville?), and West Holllywood. In Santa Monica and E. Palo Alto you must keep the funds separate in and FDIC type of account. You must pay once a year and the end […]
#1–In Orange County only two teachers were given “pink slips”. Maybe there will be more money for education. #2–Headline: State Officials Say Tax Revenue Exceeds Forecasts. $633M more the estimated, and they say more money will go to education because of some constituational funding formula. Thinking this over, this is not good news for […]
Prepare Your Brackets Have you all prepared your brackets? Last year my entry ended quickly as I picked Wichita State who was undefeated going to the Dance to win it all. The NCAA gave them such tough first games that my Bracket was done the first weekend. For all bracket watchers who are picking by team colors, etc., […]
Did you know that in the small print of your agreement with your card company, there is probably a clause that states there is mandatory arbitration required whenever there is a dispute? We have given up our right to sue and to form any type of class action lawsuit. Some critics say that this is […]
According to the National Survey of college freshmen from the UCLA’s Higher Education Research Institute (which has done this poll for 49 years), the general overview shows that college freshman party less and worry more about money than previous graduating classes. The percentages for College Freshman who: Feel that financial success is very important or […]
One of the best sources for information about California situations is http://www.dca.ca.gov. This is the Department of Consumer Affairs and the areas they cover are numerous. For example, one Bureau under their control is the Bureau of Real Estate. I go there for Small Claim Course facts, Renter and Landlord problems, Licensee information on hundreds of […]
CONGRATULATIONS ARE IN ORDER FOR LINDSEY GOMER OF WOODLAND HILLS, CA. Lindsey is the daughter of David Gomer an MLO who is the Founder of Senior Funding, a company that specializes in Reverse Mortgages, and granddaughter of Duane Gomer who specializes in MLO Education. Last week Ms. Gomer passed the difficult and tricky National MLO exam […]
Ask your accountant about IRS Form 3115 and IRS Regulation 481A. They concern depreciation of property in your buildings. My accountant said that the change meant that small items that I had been depreciating (because I was a conservative taxpayer) could be totally written off in my 2014 return, and any new items for […]
“Due to a delay in delivery of certain system enhancements required to support the policies published in Mortgagee Letters 2014-21 and 2014-22, compliance with the financial assessment and property charge funding option requirements is now effective for HECM case numbers issued on or after April 27, 2015. The next time I have a deadline like […]
This is Kathy Kelly, Executive Officer at the South Bay Association of Realtors. We met again at a Realtor Expo and found out that she had been coming to my classes for many years, since she got into Real Estate. Also, we are both Wisconsin Natives. It is always to pleasure to work with the South […]
