Author Archive | Duane Gomer

Hi Ho, Silver Away

Channel Surfing The Other Day I Came Across Some Old, Old Black & White Western Movies They reminded me of a neighbor of mine in Calabasas Park from 1975 – 1984.  His name, Clayton Moore.  We both loved Jacuzzi’s at 110 degrees so we talked a lot. Yes, he played the Lone Ranger for many […]

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Confusing These Rules Can Cost You

A Parent Has Owned A Home For A Long Time And their purchase price plus improvements is much less than a current sales price. A broker called me to tell me that they had a problem.  “To avoid probate, the mother had put the daughter on title as a joint tenant.  Upon death the daughter […]

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Getting A MLO License, DRE Sales Or Brokers License, Or A Notary Commission; WE DO THEM ALL

Becoming A Real Estate Salesperson: You need to complete three qualification courses; Principles, Practices, and an elective. These courses should be taken by home study (either hard copy or online reading). It is just about impossible to find any company doing them LIVE, and to do so would take 135 hours of classroom time. These […]

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empty glasses set in restaurant. part of interior

Dining And Wining

There Have Been Many Discussions About entertainment and meals deductions under the Tax Cuts and Jobs Act. The answer is different for each. A reference that you might check is IRS Notice 2018-76.  Put that in your browser and you have your answers. My understanding is that deductions for entertainment, amusement, or recreation are kaput, […]

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The Cycle Of Real Estate Life

The Last Few Years We Have Been Hearing The Old Refrain, “We Need Inventory” Now, I am hearing the old refrain, “We have too much Inventory”. This Means That What Goes Up, Will Come Down What comes around, goes around; stay long enough in one spot and you will see history repeated. Self-important pundits, prognosticators, […]

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Movie Awards Time Again

The Golden Globes Awards Ceremony Is Coming On January 6th Their nominations have already been announced. The LA and NY Film Critics have announced their winners and the Biggie, the Academy Awards, is coming soon. We know the critics many times have no concept of what is a good movie. It seems like they love […]

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Request For Advice From You

Many Of You Send Me Very Appreciated Comments About The Newsletters, Facebook, And The Blog Now I would like some advice from you. Think quid pro quo. In 2019 DGI wants to renew a program that we had years ago. We will do short 2-3 hour non-credit-courses at low or no cost. We would cover […]

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7 Ideas For Real Estaters In This Market

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, and regularly reconnecting with previous clients. […]

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