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Featured Articles
One Person’s Trash is Another Person’s Treasure!
Discover how you can help recycle construction or deconstruction products.
GO GREEN
Everyone has ideas about greening residential real estate, but what about commercial investment property going green. Share your experiences or questions…comment here!
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Mandatory Access for Telecommunications Providers?
Mandatory Access to Commercial Property for Telecommunications Providers?
How do the contracts between commercial or multi-family property owners affect Tenants? The FCC is asking for your comments on an issue that could affect who has access to your property.
[Read More...]To Exchange or Not to Exchange…that is the Question!
Whether ‘tis better to sell and pay taxes or by deferring gain to leverage your portfolio?
Section 1031 of the Internal Revenue Code provides that neither gain nor loss is recognized if property held for investment use in trade or business is exchanged for like property. The term “like kind” refers to the grade or quality of the property, not a specific type or class. Thus, single family rentals can be exchanged for a retail strip center, commercial or industrial property.
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Los Angeles Tenants Rights
Wednesday, December 24th, 2008December 19th 2009 - Los Angles Mayor Antonio Villaraigosa signed into effect a new law protecting tenants in buildings that have gone into foreclosure. Tenants of buildings in foreclosure cannot be evicted until the properties have been purchased by new owners. (more…)
Which Properties Are Selling in This Market?
Friday, December 19th, 2008Current Trends and Recent Sales in Venice, California
Beach Duplex for Rent
Tuesday, November 18th, 2008
In Corona Del Mar very close to the beach. Near shops & restaurants (Zinc Cafe, Banderas, Rose Cafe), markets, hardware store, farmers market, cleaners. (more…)
Four-Point Housing Stimulus Plan
Monday, November 17th, 2008
The National Association of Realtors is promoting an economic stimulus plan. According to NAR the provisions of this plan are essential to the recovery of the real estate market. However, some skeptics feel that these provisions serve only to protect real estate agents and will further inflate real estate prices. (more…)
Interest Rate Even Lower
Wednesday, October 29th, 2008
The Federal Reserve has slashed interest on federal funds to 0.25%. In October rates fell to 1 percent, the lowest they had been since 1958. (more…)
AB 2204 Could Affect the Cost of Transferring Property
Thursday, August 7th, 2008
AB 2204 is currently making it’s way through the legislature. It is designed to fight discrimination in the real estate market but its effectiveness has been called into question and it’s costs are great. The Bill will require a title insurance company to strike any racist (more…)
President Signs the Housing and Economic Recovery Act of 2008 Into Law
Friday, August 1st, 2008
On Wednesday, July 30 the Act was signed into law. The Housing and Economic Recovery Act of 2008, which authorizes the Department of the Treasury to purchase obligations of housing Government Sponsored Enterprises (GSEs); reforms the regulatory supervision of the housing GSEs; provides reform of the Federal Housing Administration; provides homeownership assistance and reforms to mitigate recent increases in foreclosures; and contains housing-related tax incentives and other tax provisions.
Take a look at the Bill
Do You Support Subway to the Sea?
Tuesday, July 15th, 2008
The proposed “Subway to the Sea” will extend the Red Line from the current terminus at Wilshire Blvd. and Western Ave., heading west along Wilshire Blvd to Beverly Hills, Century City, Westwood and UCLA and on to the Pacific Ocean in Santa Monica, the Wilshire corridor subway will form the essential high capacity trunk line our public transit system needs, interconnecting with a vastly improved transit bus system and an expanding network of light rail lines. Find out more from the Subway to the Sea Coalition.
Hot Weather is Here and You can Help your Tenants Save Money and the Environment
Thursday, June 19th, 2008
1. To be eligible for the rebate: (a) I must be a Southern California Edison customer on a residential, GS-1 or GS-2 rate, and (b) the service(s) I have completed must (i) qualify for the rebate, (ii) be performed at a single-family residential dwelling, or (iii) at a business less than 200kW, fully constructed and occupied, within SCE’s service area. (more…)
Realtors Mobilize to Prevent Additional Costs to Real Estate Transactions
Monday, June 16th, 2008
California Association of Realtors initially OPPOSED AB 2678 (Núñez) because it effectively would have required, among other things, that ALL homes and commercial property in California have an energy audit at point-of-sale, and that mandatory energy efficiency investments be made. (more…)
Real Estate
Beach Duplex for Rent
In Corona Del Mar very close to the beach. Near shops & restaurants (Zinc Cafe, Banderas, Rose Cafe), markets, hardware store, farmers market, cleaners.
Interest Rate Even Lower
The Federal Reserve has slashed interest on federal funds to 0.25%. In October rates fell to 1 percent, the lowest they had been since 1958.
President Signs the Housing and Economic Recovery Act of 2008 Into Law
On Wednesday, July 30 the Act was signed into law. The Housing and Economic Recovery Act of 2008, which authorizes the Department of the Treasury to purchase obligations of housing Government Sponsored Enterprises (GSEs); reforms the regulatory supervision of the housing GSEs; provides reform of the Federal Housing Administration; provides homeownership assistance and reforms to mitigate recent increases in foreclosures; and contains housing-related tax incentives and other tax provisions.
Take a look at the Bill
Hot Weather is Here and You can Help your Tenants Save Money and the Environment
1. To be eligible for the rebate: (a) I must be a Southern California Edison customer on a residential, GS-1 or GS-2 rate, and (b) the service(s) I have completed must (i) qualify for the rebate, (ii) be performed at a single-family residential dwelling, or (iii) at a business less than 200kW, fully constructed and occupied, within SCE’s service area.
[Read More...]Realtors Mobilize to Prevent Additional Costs to Real Estate Transactions
California Association of Realtors initially OPPOSED AB 2678 (Núñez) because it effectively would have required, among other things, that ALL homes and commercial property in California have an energy audit at point-of-sale, and that mandatory energy efficiency investments be made.
Exchanging Property You Didn’t Know You Had
Transferable Development Rights for Real Property “Development Rights” is defined as unused rights to develop a property to the extent permitted under state or local law. As states and municipalities have acted to restrict and regulate new construction, the value of development rights has skyrocketed. In recent years, some states and local governments have adopted rules permitting unused development rights to be transferred to another parcel.
One Person’s Trash is Another Person’s Treasure!
Discover how you can help recycle construction or deconstruction products.
Port to Build ‘Green’
The Port of Long Beach is making plans to build a new “green” headquarters building as it pursues a larger program to clean up the air at the complex.The nine-story, $218 million structure would replace its current cramped headquarters, which was built nearly five decades ago.
Can I Evict a Tenant from a Rent Controlled Apartment Building?
That depends upon the property location (governing city ordinance), how long the tenant has lived there, and the purpose of the eviction. If you own rental income property in Santa Monica, Beverly Hills, West Hollywood, Los Angeles, and Newport Beach, you will be dealing with potenially 5 different rules and regulations. Laws change: stay informed. Contact your realtor for additional information and resources.
Test Your Real Estate IQ
As a Los Angeles based Commercial Realtor®, actionrealtysales is committed to providing the highest level of professional counsel to every client, in every engagement. It is important that sellers, and/or their representatives come to the engagement with awareness of some of the basic guidelines and terms involved in the transaction. Here are a few questions that allow you to test your “Real Estate IQ”:
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