The official name of this bill is “The California Housing Speculation Act”. It is designed to place an extra tax on anyone who buys a property and sells it quickly. The bill was introduced in February and is moving slowly through the hallways. Christopher Ward of San Diego wrote the bill and it is an […]
Author Archive | Duane Gomer
California Population Falls, Again
An Update For Californians This headline is from a May 2nd article in the LA Times. The remainder of the headline reads: “But an inland boom could be turning things around.” Taking liberty with Horace Greeley’s, “Go West young man and grow up with the country”, I would say, “Go East young person and find […]
Pacific 12 Football
The Ups and Downs of Football I was a Big Ten supporter for many years after graduating from Indiana University and living in Wisconsin for 23 years. After many decades I have become a Pac 12 fan. It is getting harder and harder to be one. The Pac 12 conference football players get graded every […]
The NAR Realtor Magazine
Get Your News Hot Off The Press The NAR Realtor magazine has been providing informative and timely articles for decades. The recent 2022 Spring Issue is no exception. One article is 190 Tips, Facts and Ideas. It is excellent and there is material for everyone. On page 12 there is a section on 9 Steps to […]
Reverse Mortgage Guru
Getting To Know Harlan Accola Harlan J. Accola, CRMP, is a respected Reverse Mortgage authority and author of an outstanding book on the subject, entitled, “Home Equity and Reverse Mortgages, The Cinderella of Baby Boomer Retirement”. When he talks about RMs, we should listen. In his book Chapter Five he is explaining some facts to […]
IRS Tax Tip: What To Consider When Selling A Home
Great Advice From A Great Source 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 […]
Buzz Words
Implicit Bias: Buyers, Sellers, and Licensees Be Aware There are numerous articles and postings about Implicit Bias and Love Letters. A new 2 hour Implicit Bias Course will be part of the 45 Hour CE Requirements effective January 1, 2023. And an interactive participatory component must be added to the required Fair Housing CE Course. Buyer […]
Oscar Night Sunday
On The Edge of Our Seats The votes are in and we will see the results on Sunday. Just a few thoughts on the major categories. The two Oscars that seem most set are Best Actor Will Smith and Best Supporting Actress Ariana De Bose. Other favorites include Jessica Chastin for Best Actress and Troy […]
7 Ideas for Real Estaters In This Market
You Can Never Be Too Educated When I started I knew that I wanted to sell apartment houses by syndicating them and then property managing them during our ownership. To do this I found that my best sources for leads was teaching at UCLA in their evening Real Estate classes, speaking at Apartment Association meetings, […]
Winning
First Place Is The Place To Be From my Webster’s: To be first or best in, or as if in a contest. Lots of discussion about winning right now involving World Series, football, round ball, elections, etc. There are thousands of famous quotes from famous people about this topic such as winning is the only […]