An interesting case underway in Santa Ana over whether oceanfront property owners have the right to protect their property. According to PLF attorney (and good friend) Larry Salzman, it was a good day in court yesterday:
The property-tax basis of your primary residence and other properties can be transferred to your children, or in some cases, your grandchildren: http://www.boe.ca.gov/proptaxes/faqs/propositions58.htm#1 What are Propositions 58 and 193? Proposition 58, effective...
I have a new listing in La Paz, which is part of La Jolla Colony: http://www.zillow.com/homedetails/4040-Porte-La-Paz-UNIT-82-San-Diego-CA-92122/52514005_zpid/ The new Mid-Coast Corridor Transit Project is underway, which is bringing the trolley from downtown San...
From the Democratic Platform: https://www.demconvention.com/platform/ We must make sure that everyone has a fair shot at homeownership. We will keep the housing market robust and inclusive by supporting more first-time homebuyers and putting more Americans into the...
The Libertarian Party has the best chance ever to get more than their usual 1% of the vote in November. Gary Johnson is looking like the middle-of-the-road candidate too, and here's how he could win:...
Hat tip to Eddie89 for sending in this article - he also wondered when we'll see this around here! http://sanfrancisco.cbslocal.com/2016/03/22/250k-per-year-salary-could-qualify-for-subsidized-housing-under-new-palo-alto-plan/ Excerpts: Palo Alto is...
Hat tip to daytrip for sending in this article from the latimes.com - an excerpt: The $1-billion desalination plant coming online next month in Carlsbad will fit right in with years of careful planning and investment in water supply in San Diego County. It will also...
When you buy a house, the county tax assessor sends you regular property-tax bills, which are based on what you paid for the house - usually around 1% of the purchase price per year. But in almost all cases, the sellers paid a different amount of taxes, which were...
From the UT: http://www.sandiegouniontribune.com/news/2015/aug/25/plan-for-carlsbad-strawberry-fields-plan-draws/ A costly, well-organized campaign to build a Nordstrom-anchored shopping, entertainment and open-space destination on the shore of a Carlsbad lagoon ended...
I saw these questions from Ed DeMarco on Twitter. My answers: 1. Have the M.I.D. apply towards primary residence only (not second homes), and lower from $1,000,000 to $500,000. Those buying in hopes of a bigger write off will still buy a house, and take the partial...
