An article was published in the Orange County Register written by celebrated columnist Helen Dennis. Some good ideas from Doctor Thomas Peris who wrote the book, “The New England Centenarian Study”. Here are 10 suggestions: 1. Exercise regularly 2. Manage stress 3. Eat right 4. Don’t smoke 5. Have a sense of humor 6. Don’t be neurotic 7. Be charismatic 8. Be spiritual 9. […]
Author Archive | Duane Gomer
CITY NATIONAL BANK TO PAY $31M IN REDLINING SETTLEMENT WITH DOJ:
Anyone with a real estate license of any type has been asked on exams about “redlining”. I thought that this practice was a thing of the deep past. Nope. The U.S. Department of Justice announced a $31 million settlement with City National Bank over allegations that the Los Angeles-based bank engaged in “redlining” – a […]
NEW SPENDING BILL MAKES MANY RETIREMENT ACCOUNT CHANGES
The Secure 2.0 Act of 2022 made more than 90 changes to retirement account rules. You should check them out. The one that I would like to discuss in this email is the Required Minimum Distribution. Currently, Americans must start taking required minimum distributions from their 401(k) and IRA accounts starting at age 72 (or […]
Some Brief Thoughts, Points, and Reminders About the “Fiduciary” Duty You will Have to Your Clients as a Real Estate Licensee
Wayne Bell, who was the former California Real Estate Commissioner and Chief Officer of the California Department of Real Estate, is an outstanding attorney and writer. I asked him to share his thoughts on a concept that all real estate licensees must know, and he drafted a brief piece on the fiduciary duty which is imposed […]
IF YOU ARE IN A DISASTER AREA IN CA., YOU HAVE MORE TIME TO FILE YOUR 2022 TAXES
My latest IRS tip email was delivered today. One sentence was very interesting. Alabama, California, and Georgia storm victims now have until May 15 to file various federal individual and business tax returns and make tax payments. You must be living in a county that has been designated a disaster area. About 40 have been […]
2023 is Here. Time to Renew, Recharge, and Reflect.
Dear Friends, 2023 is here. Time to renew, recharge and reflect.. 1) Every DRE renewal must now complete an additional 2 hour Implicit Bias course and a 3 hour Fair Housing Course with an Interactive Participatory Component. Want to view a sample of the course? Click here. Then, sign up for your renewal for only $65. Good for both […]
TAPAS
Google says that they are a “snack taken at the bar with drinks.” Our youngest daughter on her birthday got to select the restaurant and went Basque again. This means TAPAS. To me, Tapas are, “extremely small portions, extremely small plates, and extremely high prices.” I want more than a tapa; I want a birthday […]
VA LOANS:
The other day I heard some expert on a very sophisticated podcast answer a call-in question concerning VA Loans. The person said, “I am considering getting a VA Loan”. The expert responded that they should stop considering it because their fees are too high then went on to another boilerplate topic. I thought that Veteran […]
IRS Tax Tip: What To Consider When Selling A Home
IRS has an amazing Tax Tip email service. Real estate people should study them and use them as handouts to your clients. This is information from the source. I would register for their tax tip email and then google IRS TAX TIPS ARCHIVES to check what has been sent out in previous years. This is […]
Is Alcohol In Moderation Good For You?
Lots of disagreements on this subject. Some time ago, the New York Times published an article by Aaron E. Carroll that stated that one to two drinks are “good for your health.” It created many responses with many disagreeing with that statement. So the author published a follow up story with more data, and he […]