Tax Season Questions

Tax Season Questions

by | Mar 5, 2016 | Blog, Home Owners, Investors, Realtors

Since it’s tax season I am getting a lot of questions about taxes. If you have a tax return that shows $0 income or even a NEGATIVE income, does this mean you cannot buy property? NO. Many of us have tax write-offs that are not used as a negative in analyzing income...
If I refinance my property taxes will go up.

If I refinance my property taxes will go up.

by | Jun 26, 2015 | Blog, Realtors

If I refinance and my property appraises for more than when I bought the home, my property taxes will go up. FALSE! The property tax bill, because of Prop 13, can increase more than 2% of the assessed value year to year. The assessed value is determined by the County...
Property Tax Information

Property Tax Information

by | Oct 22, 2014 | Blog, Featured

I just wanted to remind you that your property taxes are due November 1st. There is an overdue penalty of 10% on December 11th. If your taxes are impounded into your mortgage payment, then disregard this notice.  You can either pay your taxes online at the LA County...