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22 January 2025 | 4 replies
Be mindful of a gift tax implications if you sell a house for less than FMV.Also be mindful of transactions between related parties when selling at a loss.
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22 January 2025 | 5 replies
From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party.
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16 January 2025 | 23 replies
The great thing about living in a high cost of living area is that your salary / wages are hopefully also very high.If you are a new college grad, I would focus the next 1-3 years on increasing your salary as much as possible(gain new skills, new certifications, change employers, etc).Once you make more money, you can easily get in a position to buy a property on a more frequent basis.Best of luck!
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24 January 2025 | 1 reply
Investing abroad is not something that a majority of investors think of but a lot of my clients have been lately!
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22 January 2025 | 14 replies
You're not in the position to be a cash buyer...as a former wealth manager, it's simply not a good play for you for many of the reasons stated above and more.
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23 January 2025 | 21 replies
Pinky Finger is the dead giveaway of a Class A+ neighborhood!
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22 January 2025 | 0 replies
Duplexes for sale starting at $585,000 with a 3.75% interest rate.
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23 January 2025 | 14 replies
I’m looking into buying a rental(s) in this area.
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24 January 2025 | 5 replies
I have a call out to my accountant as well. :)
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2 January 2025 | 11 replies
BP family- I bought a duplex with an attached ADU in a great part of San Francisco (lower pac heights, 94115) about a year ago.