Though the original title of this piece was “Real Estate Trumps Taxes,” I want to make it very clear that this is an article about real estate investing.
True, it is inspired by reporting that Donald Trump may not have paid taxes for the past eighteen years due to close to a billion dollars of real estate losses. That said, this is about how even small investors can avoid or minimize taxes and is not meant in any way as a political piece to suggest that Trump may be slightly disingenuous when it comes to his comments on people who don’t pay any taxes…
No, this is an article specifically about the way real estate is treated by tax regulations which allow well advised investors to put money in the bank by offsetting gains with losses (some of which only exist on paper). And I want to share with you some real estate investment secrets that don’t require you to attend Krull University. Continue reading
Posted in Investment, Real Estate, Real Estate 101
Tagged 1031 exchange, deductions, depreciation, donald, humor, investing, Investment, mortgage interest, property, real estate, taxes, trump
A recent article in the Hollywood Reporter reported that Beverly Hills is courting the manufacturers of self-driving autonomous vehicles as a way to reduce traffic congestion and to be a beacon of modernity to the nation… And I just don’t trust it. I don’t trust it at all.
Here’s the thing: People in LA are called “Angelenos,” those residing in Santa Monica are “Santa Monicans,” but people living in Beverly Hills are… “people living in Beverly Hills” which makes me wary of this whole “self-driving car” thing. Continue reading
Posted in Los Angeles, Uncategorized
Tagged Beverly Hills, cars, driving, humor, los angeles, red car, Spencer Krull, traffic, west LA, Westside
When hiring a real estate agent, make sure that you are getting a grand master (at least in something).
I don’t like buying inferior products, and I refuse to make them myself. That’s why each and everyone of my notepads come with a tech support guarantee.
How do I differ from other agents? Here’s just one of the ways.