Posts

Proposition 19 is fully in effect as of April 1, 2021, protecting millions of older homeowners, homeowners with severe disabilities, and victims of wildfire or natural disaster. Resources for REALTORS® and your clients are now available at C.A.R.'s new Prop 19 website: www.caprop19.org as well as marketing materials for your clients from C.A.R.—"The Opportunity Is Now"

MLSListings now offers Matrix 360—the latest version of Matrix that combines MLSListings listing data with Realist property data. With Matrix 360, you can now easily and conveniently run tax searches from a single, familiar system without leaving Matrix. Matrix 360 brings together two of the most popular solutions in their respective categories—the Matrix platform and the Realist property information system—resulting in a unified, property-centric platform that gives you a 360-degree view of properties in your market and a more efficient workflow.

There is a slim but powerful chance the Mortgage Debt Forgiveness Act will be extended by Congress this year but not before the midterm elections in November.

Gov. Jerry Brown signed AB 1393 providing much-needed state-level tax relief to homeowners by extending tax relief on forgiveness of mortgage debt by conforming California law to federal law for the 2013 tax year.

In a recent proposal from San Francisco, if you buy a distressed property, fix it up and sell it (not all that uncommon), you could get slapped with a tax for making a profit.

The REALTOR® Voice is heard at the state legislature, preventing a possible statewide tax of $75 on the recording of all non-sale documents.