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 […]
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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 […]
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 […]
BIGGEST PROBLEM IN PROPERTY MANAGEMENT: SECURITY DEPOSITS
First, there are many rules about the amount that can be collected. The major problems arise at check-out time. Such as agreeing what is normal wear and tear, and slow deposit return by landlords. Example: The rent is $3,000 a month and the apartment is unfurnished. You all probably know that the maximum security deposit […]
NEW BOOK FROM CAR; WORTH CHECKING OUT
Title: The Little Silver Book: Technology Rules to Live By for Realtors®. It is little. The size of a 4 by 5 card and only 35 pages. What does NAR say about their new product? “The Little Silver Book: Technology Rules to Live by for Realtors® is a must-have for all REALTORS®. It includes key do’s […]
State utility bills may see a change with a fixed-rate based on income
Three major state utility companies are proposing a new way to charge their residential customers, and part of billing for electricity would be based on income. PG&E, Southern California Edison and San Diego Gas & Electric filed a joint proposal with the state Public Utilities Commission seeking to add a fixed monthly charge for services, […]