Open on Sunday, May 2.  

Large 3 bed/2.5bath townhouse in a small 7 building complex.  Open floor plan with vaulted ceilings in the bedrooms.

Numerous upgrades include canned lighting, stainless steel appliances, upgraded flooring and more.  

To schedule your private viewing, click 2409 Vanderbilt Lane #5 

or click Redondo Beach MLS Real Estate Listings to view for free and without having to register.

Distressed homeowners will no longer need to pay California state income tax on debt forgiven from a short sale, foreclosure, or loan modification. Passed into law yesterday, Senate Bill 401 generally aligns California's tax treatment of mortgage debt relief revenue with federal legislation. Pertaining to debt forgiven on a loan secured by a "qualified principal residence," individuals will now be exempt from both federal and state income tax penalties. The current federal exemption is for indebtedness up to $2 million, whereas the California State Senete Bill 401 exemption is for indebtedness up to $800,000 and forgiven debt up to $500,000.

"Qualified primary residence" indebtedness is defined as debt incurred in purchasing, developing, or substantially bettering a principal residence. It includes both first and second trust deeds. Additionally, it includes refinance loans to the extent the monies were used to payoff a previous mortgage loan that would have qualified.

The tax breaks affect financial obligations discharged from 2009 through 2012. Californians who have already filed their 2009 tax returns may claim their exemption by submitting a Form 540X amendment.

Taxpayers who do not qualify for the aforementioned exemptions (e.g., second home or rental property) may possibly be exempt under other provisions. Most notably, taxpayers who are bankrupt are exempt from debt relief income tax. Also, taxpayers who are insolvent are exempt from debt relief income tax to the extent their current liabilities exceed current assets.

To learn more about mortgage loan forgiveness tax consequences, go to California Franchise Tax Board's Mortgage Forgiveness Debt Relief Extended webpage and the Internal Revenue Service's Mortgage Forgiveness Debt Relief Act and Debt Cancellation webpage. The full text of Senate Bill 401 is available at www.leginfo.ca.gov.

HHC South Bay Real Estate Agents

New on the market - Open for showing on Sunday 3/14 from 1-4p

Home has an un-permitted den which can be used as a 3rd bedroom (not included in the interior square footage).

Upgrades through out in the kitchen and bathrooms.  Detached 2 car garage with long driveway for RV parking.  

To get more information or to schedule a private showing, click 3411 W. 188th St., Torrance, CA or click to view all of the Torrance MLS Real Estate Listings for free and without having to register. 

New on the market - First house showing on Sun 1-4p.

Great 4 bed/ 2bath home with large family areas and a fireplace in the livingroom.

Good sized master bedroom with huge walk in closet.   Bathroom has both shower and separate tub.   

Nice backyard with finished patio.

The long driveway has room for RV parking and a detached 2 car garage.

To get more information or to schedule a private viewing, click 4610 Cadison St., Torrance Ca. or to click to view all of the Torrance, CA MLS Listings for free and without having to register.  

Stop by this Sunday, February 28 from 1-4 pm to see this great townhouse.  

Spacious with vaulted ceilings throughout.  Upgrades include canned lighting, fireplace, stainless steel appliances and more.

For more information or to schedule a private viewing, click 2409 Vanderbilt Lane #5, Redondo Beach, CA or click to view the entireRedondo Beach MLS listings for free.

Open this Sunday, Feb 14 from 1-4p

Spacious 3 bedroom/ 2.5 bath unit with many upgrades including stainless steel appliances, canned lighting, custom paint and more.

To schedule a private viewing or for more information click 2409 Vanderbilt Lane #5-Redondo Beach

or click view all Redondo Beach MLS listings for free and without having to register.

New on the Market!

Join us this Sunday(February 14) from 1-4p as we show this spacious 3 bed/ 2.5 bath home.

Large rooms with vaulted ceilings throughout.  Many upgrades include canned lighting, double pane windows, stainless steel appliances and much more.

To schedule your private viewing or for more information, click14419 Kingsdale Ave, Lawndale, CA or click to view all Lawndale MLS Real Estate Listings for free and without having to register  

Large 5 bedroom/ 3 bath home on a large 6000 sq ft. lot.  

Attached 2 car garage with enough room for RV parking on the side.  

Fresh paint, Dishwasher, stove and oven.

Come by to see for yourself.

To schedule a private showing or to get more information, click 1631 Falda Av, Torrance, CA  or click to view all Torrance MLS Real Estate listings for free and without having to register.  

Anxious to sell - come by this Saturday to see this beautiful home.  

Situated on a private cul-de-sac with neighbors on one side. This spacious 4 bed/2.5 bath home has large rooms and vaulted ceilings.  Large back yard (front and back).  

5898 sq ft lot. with 2041 sq ft of living space

For more information or to schedule a private viewing, click 16501 Falda Av, Torrance, CA  90504 or click to view all Torrance MLS Listings for free and without having to register.  

3 bed/2.5 bath townhouse.  Spacious with many upgrades.

Direct access 2 car garage, stainless steel appliances and more.

599k

To schedule a private viewing or to get more information, click 2409 Vanderbilt Lane #5, Redondo Beach, CA.  or click to view allRedondo Beach MLS listings for free.