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accommodator: Silver Complex Firefighters Could Use Donations of Supplies - How You Can Help! - 06/26/08 07:23 PM

I recently received an email from the Yosemite Gateway Association of Realtors indicating that the firefighters who have been fighting the Silver Complex fires could use donations for incidental supplies to make them more comfortable while they are protecting our homes and forests. If you are interested in providing these types of donations, please see below.
Century 21 Ditton Realty is taking donations for the fire crews. 
They have food and water but they need travel sized toiletries such as soap, razors, cleansing clothes, visine, vasoline, Kleenex, toothbrushes and toothpaste, deodorant, chapstick, etc. 
They can drop it off … (0 comments)

accommodator: The Difference Between the Mortgage Forgiveness Debt Relief Act of 2007 and State Anti-Deficiency Laws - 06/26/08 04:42 PM
A week or so ago, I wrote a post detailing the Mortgage Forgiveness Debt Relief Act of 2007 (MFDRA) because I'd read a number of posts where the authors confused the MFDRA with their state's anti-deficiency laws. That post was lost when AR timed out on me when I went to publish the post.
If you want to get the information from the horse's mouth (the IRS) here's a link to the IRS publication regarding the MFDRA. I'm summarizing it below.
The main difference between MFDRA is who is providing the protection. MFDRA is federal law and applies to your federal income … (7 comments)

accommodator: 1031 Exchanges -- What Do You Want? - 03/26/08 08:18 PM
In an effort to make my posts more timely and useful for the community, I'd like some feedback regarding what kind of information you'd like to receive from me. I've been posting information on various aspects of 1031 Exchanges but I have not been receiving very many comments. So, I'm seeking information from the ActiveRain community about what would generate more interest:
1.  1031 Exchange Information -- Tax Updates?
2.  Market Information -- What I'm seeing in the 1031 Exchange World?
3.  General Observations of the real estate community?
4.  Tips about how to use your knowledge of 1031 exchanges to expand your business?
Thank you … (4 comments)

accommodator: 1031 Exchanges - How to Use Your Knowledge to Increase Business - 03/26/08 03:51 PM
IRC section 1031 exchanges are used by owners of appreciated investment property to defer the capital gain tax (both state (if applicable) and federal 15% and depreciation recapture) by purchasing another investment property within 180 days. Previous blog posts go into all of the details and rules of the exchange process.
The question is: "So, now that I've attended a 1031 Exchange Seminar, how am I going to use that information to build my business?"
First, focus on educating your clients who own non-owner occupied property of the benefits of an exchange:
"I noticed that you're selling non-owner occupied property, have you discussed with … (2 comments)

accommodator: 1031 Exchanges - Leti Avila and Lori Anderson New Members!! Please Welcome them. - 03/25/08 05:18 PM
I'd like to introduce two new associates who recently joined Active Rain. Both of these wonderful ladies are experienced Escrow Officers at Stewart Title in Visalia. They are very experienced working with investment property owners and they are well-versed in their role during a 1031 exchange.
http://activerain.com/lavila
http://activerain.com/loria.
 
(1 comments)

 

Lisa Lambert, Esq. (1031 Exchange Expert)

Fresno, CA

More about me…

The Law Offices of Elisabeth A. Lambert

Address: 1222 W. Shaw Avenue, Fresno, CA, 93711

Cell Phone: (559) 433-5399

Email Me

Discussing 1031 Exchange Issues and Related Real Estate Issues in California. Specifically focusing on the Merced, Madera, Fresno, Selma, Reedley, Oakhurst,Visalia, Hanford, Porterville and Bakersfield areas.

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