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The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an explanation and overview of the three income categories and the different classifications of real estate they encompass. The many types of income To analyze an owner’s...
The California Buyer Purchasing Power Index (BPPI) figure declined to +1.3 in June 2021.
Inventory rises from the bottom; More construction is the best cure for inventory shortage; Buyer FOMO inflates sales volume
The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an overview of the components that comprise the sales price of real estate and what determines the sales price for income-producing property. Different views, different...
An overview of transfers automatically excluded from reassessment.
The following excerpt is from the current edition of Tax Benefits of Ownership, which gives an overview of the tax exclusions available to a homeowner upon the sale of their past or present principal residence.
Downpayment Toward Equity Act of 2021 One of President Joe Biden’s campaign promises was to help Americans buy quality housing through financial assistance. To make good on this promise, his administration is to introduce the Downpayment Toward Equity Act of 2021....
The yield spread forecasts no double-dip recession; Stimulus payments distort personal savings rates; Rising home sales volume: a mirage?
The latest mortgage report paints a picture of a hot housing market, which, at first glance, shows no signs of cooling.