Details as provided by SFAR:
Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification.
Enacted into law on Monday (April 12, 2010), Senate Bill …

Here is the most recent video from  Tom Sinkovitz, KNTV political reporter and anchor, who has been working with the San Francisco Association of REALTORS® for two years producing video features on San Francisco real …

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; …

The world of 1031 exchange is complicated.  That’s why I have Leonard Spoto of Asset Exchange Company as part of my team for my investor clients since there are so many different exchange scenarios.  A …

Per Leonard,  a cost segregation study runs about $3,000.00-20,000.00+ and is a service that his company offers. For this study to be cost effective, he typically recommends that the property be 12 units or …

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 …

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 …

The latest from Leonard Spoto of Asset Exchange:
Of all the benefits of owning investment real estate, one of the least understood is the benefit of depreciation.
Depreciation is a method for matching the costs of acquiring …

Here’s the run down as provided by Save Energy:
San Francisco’s new water ordinance now requires all homes being sold or remodeled to upgrade their water devices to more efficient ones, no exceptions!*  In the past, …

I work with a diverse group of clients including investors looking to 1031 exchange into a different property.  Leonard Spoto of Asset Exchange Company is incredibly knowledgeable on the ins & outs of exchanges.  Here …

The latest from Asset Exchange Company’s June Newsletter:
Clients have recently asked us what we are seeing in the market?  Is it still slow?  Have things been improving?  What  investors are exchanging? Some of our recent …

In my constant quest to be eco-friendly both personally and professionally, I’ve been implementing a few environmentally friendly business practices.
Currently, I’m in the process of reducing the number of direct marketing pieces to a …