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Realtor® Kate Farmanara had accolades for the Certified Condo Specialist® she completed in March at the Beverly Hills Greater Los Angeles Association of Realtors®.
Insurance News Net: Peak 1031 Exchange, Inc. Recommends Investor Like-Kind Exchanges to Offset Proposed Tax Hikes as Outlined in Obama’s Recent State of the Union Address
2/10/15
"Once again, real estate investors find themselves in the cross hairs of Washingtonbudget planning," comments Kevin M. Levine, Executive Vice President of Peak 1031 Exchange Inc. In the wake of the recent proposal by President Obama to increase the top capital gains tax rate to 28% in an attempt to generate much needed revenue for the budget, the 1031 Exchange firm has increased its efforts to make investors of all classes aware of the consequences of this proposal. Levine and his team wish to ensure real estate investors are fully aware of the potential tax benefits associated with investing profits from the sale of property into other similar collateralized vehicles to defer tax liabilities down the road.
"At some point the other shoe is going to drop, much to the dismay of investors enjoying healthy returns from the sale and purchase of real estate," Levine continues. "At some critical juncture, Congressional and White House proposals tinkering with capital gains taxes will gain momentum." Levine is referring not only to the recent 28% capital gains proposal in President Obama's address on January 20th, but also to budget proposals capping investments that qualify for 1031 Exchange status to $1 million along with calls to lengthen depreciation schedules. Levine recommends that investors act now to implement tax strategies to leverage advantages of the tax code before "proposals become law" and restrictions make IRC Section 1031 exemptions less attractive.”
October 23, 2013 - BHGLAAR hosted another one day CAL BRE-accredited Certified Condominium Specialist® course for Realtors®, consisting of an information-packed educational and marketing program relating to Realtors® and their condo and planned development sales success.
Attendees ranged from investors and new agents to long-time successful luxury condominium sales agents who were interested in expanding their careers and reputations through the advanced knowledge and promotional ideas the course offers.
...By Jon Prior
September 13, 2012 - According to the changes, no more than 15% of the total units can be delinquent by 60 days or more on their condo association fees. This was eased from a 30-day delinquency threshold.
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