Search Results for: tax

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New Homes and Mortgages — No Income Loans, Market Update

REAL ESTATE NEWS (Los Angeles, CA) — Mortgage Volume is Down: Just a quick note to update you on what we are seeing in the mortgage marketplace currently. According to Don Maher of Universal Capital Mortgage Corporation, volume is down about 40% since this time last year. But you know who is buying? Those who …

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1031 Exchange Rules

REAL ESTATE NEWS (Los Angeles, CA) — California investors often find themselves owing hundreds of thousands of dollars when they sell an investment property. Investors want to avoid paying big taxes, which can often total 33%, when they sell a property to buy another property. A 1031 Exchange is therefore quite possibly the best investment …

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