HOW TO DEFER CAPITAL GAINS TAX WHEN SELLING A HOUSE: Strategic Management of Tax Liability
How many times have you heard, or made these comments? “If I sell my property I am going to get killed with taxes?” If you own real estate with a large amount of gain and are not selling your property because of capital gain taxes, then you may want to consider a...
HOW NEW TAX REFORM WILL IMPACT CALIFORNIA HOUSING MARKET
What does the Congress approved $1.5 trillion tax bill mean for California homebuyers? Partners Trust’s Chief Economist and Vice President of Business Intelligence, Selma Hepp, addressed the larger implications of the “so-called” Tax Cuts and Jobs Act on California’s...
PARTNERS TRUST UNITES WITH PACIFIC UNION TO BECOME LARGEST CA INDEPENDENT BROKERAGE
Partners Trust kicked off the year with their new rebranding campaign under the Pacific Union Southern California umbrella. Jan 1 marked the official rebranding of John Aaroe Group, Partners Trust and Gibson International, all of which fall under the Pacific Union...
REAL ESTATE & ECONOMIC FORECAST FOR 2018
Pacific Union held its first annual Los Angeles Real Estate and Economic Forecast in partnership with John Burns Real Estate Consulting in order to project market activity through 2020. Below are some key, high-level takeaways from the live event. Watch the full...
HOMEBUYERS COULD BE REALLY IMPACTED BY PROPOSED TAX CHANGES
Pacific Union Chief Economist Selma Hepps sheds some light on the new tax reform proposal and how it can affect you - the homeowner. The biggest impact will lowering the cap of the mortgage interest deduction (recommended to move from $1million to a $500,000 mortgage...
CURRENT FORECAST OF LA HOUSING MARKET
Houses for sale in Los Angeles County in short supply and new residential development is not keeping pace. Zillow has forecast house prices in Los Angeles to rise throughout 2018 while CAR shows it moderating. Keep in mind that a lot depends on the political climate...
The Pace Of Job Creation & Growth in Southern California
The California economy started 2017 on a high note, yet how has the state—and Los Angeles in particular—been performing in more recent months? Here to report on the subject is Partners Trust’s Chief Economist and Vice President of Business Intelligence, Selma Hepp....
CASH IS STILL KING IN LA REAL ESTATE MARKET
Cash is Still King! 20% of real estate transactions in SoCal are all cash -- dominated by children of wealthy parents, and tech execs (no surprise there). But if you are not an all cash buyer, there are strategies for making your offer very appealing and wining out...
“GRANNY FLATS” aka ACCESSORY DWELLING UNITS COULD ADD VALUE TO YOUR HOME
"Granny flats", officially known as ACCESSORY DWELLING UNIT (aka ADU) could help LA's housing shortage while adding value to your property. In the past decade, there has been an average of 80,000 homes a year built in California — 100,000 units below what's needed to...
DEMAND FOR LA REAL ESTATE CONTINUES TO RISE
Demand for Los Angeles real estate continues to rise in most neighborhoods county-wide and the market’s steady growth has made it an attractive investment for buyers, both local and global, as is evident in the amount of residential sales this quarter. LA Real Estate...