The Reverse 1031 Exchange - 10/31/09 11:46 AM
This is best left for the exchange pro to explain:
In a typical 1031 Exchange, a property is sold and then replacement property is acquired.  On occasion however, it may be advantageous to do the opposite; acquire property first and then sell.
Acquiring replacement property first in a 1031 Exchange presents a few difficulties.  First of all, funds will need to be available for the down payment on the acquisition property (keep in mind nothing has been sold yet).
Second, the properties involved in an exchange can not be owned at the same time.  In theory, an exchange is going from … (3 comments)

KQED Sin, Fire & Gold: The Days of San Francisco's Barbary Coast - 10/29/09 12:00 PM
So I'm very behind in my TV watching as a result of not having cable for several years.  Finally broke down a few months ago and signed up with Comcast.  I caught this fantastic series on KQED which has fascinating San Francisco history.  Here's a snippet of Sin, Fire, & Gold.  Now I need to figure out how to buy the DVD.
… (5 comments)

Proposed redesign of San Francisco school system - 10/26/09 09:08 PM

San Francisco parents are likely aware of these proposed changes.  Feel free to pass along any other details that you are aware of.
More details are below as per the San Francisco Unified School District's website passed along by Zephyr staff.
SFUSD website
The proposed redesign was originally supposed to be done in time for the 2009-2010 school year apparently, which obviously didn't happen.  They're then said it would be done for the 2010-2011 school year, but now the site is saying it'll launch it for the 2011-2012 school year.
There are several proposed ideas of how to redesign the … (0 comments)

Year End 1031 Exchange Issues - 10/25/09 06:28 PM
Tips from Leonard Spoto of Asset Exchange Company.  If you need a go to person to facilitate your exchange, Leonard is your guy!
Issue #1: Hidden Value in Failed Exchanges Did you know that even if your 1031 Exchange fails you may be able to defer your tax liability for an additional 12 months?  Due to a wrinkle in the tax code, investors who open a 1031 Exchange account in 2009 but fail or cancel the 1031 Exchange and receive the sale proceeds in 2010 will be obligated to pay taxes on the transaction by April 15th of 2011.  That’s an … (0 comments)

What tax breaks are officially ending this year? - 10/22/09 01:00 PM

Here’s the latest e-newsletter from my fantastic accountant.  I highly recommend Pat Polo who I’ve been working with for the last 10+ years.  Not the least expensive but you don’t want to cut corners when it comes to having your taxes done correctly.
The end of the 2009 year will also spell the end of many tax breaks for both individuals and businesses. Some of these tax breaks are "temporary" credits and deductions that Congress typically extends for another year or two at the last moment. Other sunsetting provisions are relatively new, with no previous track record on their being … (1 comments)

S.F. Parking meter hours expansion proposal -- your input needed TODAY!! - 10/20/09 01:49 PM
If you are a S.F. resident, visitor or business owner you may want to share your thoughts with the city.  Details are below from an email sent to me by Carmen Chu as well as who to contact regarding this proposal.  The proposal evaluates increasing meter times to midnight and Sundays.  Where a quarter gets you 8 minutes on the meter, prepare to carry a whole lot more coin or meter cards if this proposal is passed.
Many residents in the District have called or have written to our office recently about proposals to expand parking meter hours in various … (0 comments)

Disaster preparedness course in Burlingame & S.F. NERT Training schedule - 10/19/09 11:06 AM
Details are below for an upcoming course in Burlingame.  After all, it's the 20th anniversary of the '89 Loma Prieta quake and what better way to be prepared for any natural disaster then to brush up on skills with a refresher course. Prepare yourself for a major disaster Date: 11/4/2009 6:30 PM - 8:30 PM Cost: Free Location: Burlingame Corporation Yard 1361 N. Carolan Ave. Burlingame, California 94010 Every citizen in Burlingame is urged to take the two-hour "Get Ready" course offered by Central County Fire to gain a basic understanding of how to prepare yourself, your family, your home and … (0 comments)

Disaster preparedness course in Burlingame & S.F. NERT Training schedule - 10/19/09 11:05 AM
Details are below for an upcoming course in Burlingame.  After all, it's the 20th anniversary of the '89 Loma Prieta quake and what better way to be prepared for any natural disaster then to brush up on skills with a refresher course. Prepare yourself for a major disaster Date: 11/4/2009 6:30 PM - 8:30 PM Cost: Free Location: Burlingame Corporation Yard 1361 N. Carolan Ave. Burlingame, California 94010 Every citizen in Burlingame is urged to take the two-hour "Get Ready" course offered by Central County Fire to gain a basic understanding of how to prepare yourself, your family, your home and … (0 comments)

 
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Cheryl Bower, Realtor, CRS, GRI, ABR, ePro

San Francisco, CA

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Zephyr Real Estate, San Francisco, CA

Address: 215 West Portal Avenue, San Francisco, CA , 94127

Cell Phone: (415) 999-3450

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