Diego Loya is a Realtor - Broker at Home Living Real Estate Brokerage, a Orange County full services real estate company. Over the past 12 years, Diego has helped homeowners sell and buy their homes. He's loves educating and empowering real estate consumers. You can find him on Google, Facebook and Twitter.
Proposition 60 And 90 And Tax Transfer For Those 55 And Older Proposition 60 allows any seller of seller-occupied real property who is 55 years or older at the time of sale to transfer the property tax of the sold property to any other property intended as the seller-turned-buyer’s principal residence to the new residence. […]
Seller Financing (So-Called “Seller Cadrries”) So-called “Seller Carries” are getting to be more common as landlords or empty nesters age and want out. The advantages, generally, are these: – The Seller may get a slightly higher price. – Although the interest on the note is taxable, it is additional income for the life of […]
TAX DEFERRED (1031) EXCHANGES A GENERAL SUMMARY FOR INFORMATION PURPOSES ONLY The so-called “ten-thirty-one exchange” (1031 refers to the controlling section of the IRS Code) was designed and is administered for the purpose of delaying the payment of any taxes on capital gains as long as the principal(s) involved observe certain rules and time-lines. No […]
Seller’s Affidavit Of Non-Foreign Status And Qualified Substitute Both the Federal Government and the State of California want to know if a seller of real property is a foreign national and, in the case of the State, if the seller will live in California. Reason: you guessed it, they want capital gains taxes if they […]
Planning to sell your home is a big task. You want to make sure you have all the right information and are working with a qualified real estate agent that will properly guide you through the selling process. Below are 4 things to consider to making your home sale a success. 1. How Do I Choose […]
A great investment opportunity for a fixer upper that definitely needs TLC. This is a 3 bedroom 1 bath home with an attached garage. This is a fantastic opportunity for someone that wants to fix up a home in the desirable city of Hacienda Heights. Call 714-989-6040 for more information. Price: $255,000 Bedroom: 3 Bathroom: […]