Wednesday, May 21, 2014

Rossmoor/Los Alamitos Single Story Home

This beautiful home is located in an upscale community called Rossmoor. Homes are rarely available in this community for sale. This is a very unique home for a growing family with many potentials. Rossmoor also in demand for its highly graded Blue Ribbon schools. Please call me at 949-510-1955 for more information. Open house May 24th from 12:30 - 4:30.





Wednesday, March 5, 2014

3245 San Amadeo # A Laguna Woods - CA. Life Style you always dreamed of .

This is a great buy! You walk into this unit, you want to own it. Corner unit, open and bright and priced to sell. Call me at 949-951-7048 for more information.





Tuesday, March 4, 2014

Proposition 13! What does it do for us Californians and what we need to do about it?


Proposition 13 has protected California home owners and taxpayers. While our sales and income taxes have increased and currently to be the highest in the nation, property taxes remains low and predictable. Home owner can expect their base property taxes will be 1% of their assessed valuation and will rise at a rate of no more than 2% per year. Before the Proposition 13, the average tax rate increase was 2.67. On top of that homes were revalued frequently. During times of rapid property inflation we experienced the increase of the property taxes nearly to double in some areas. This was hardest on our seniors and those on fixed incomes.  Recently, local elected officials were solicited by a San Francisco based organization called “Evolve” that was drumming up support for an effort to change Prop.13 by reducing or eliminating the protections for commercial properties. This would represent a $6 billion tax increase with money going to local governments throughout the state. This $6 billion tax increase will show itself in higher rents as building owners recoup the taxes from their tenants.  Business owners get hit with higher occupancy costs.  The biggest possible impact will be in the increased unemployment.  Pepperdine University estimates that the so-called split role will result in a loss of 390,000 California Jobs initially and the continued loss of 100.000 jobs each year thereafter.  If the high-tax-lobby can increase the commercial property tax now, they will be back in the future to raise taxes on residential properties. We should all respond with a resounding NO to this San Francisco-based tax grab.



Sourced and written of  OC Realtor magazine article by Mr. Keith Curry Newport Beach Council Member. 

Buyer Tips Video

Monday, January 6, 2014

Got a job at age 70, do I pay into Social Security again?

Got a job at age 70, do I pay into Social Security again?

social security pay


I'm 70 and have collected Social Security since age 62. Do I pay in again if I return to work? -- Mike Mobley, Sacramento, Calif.

Yes. Even though you're already collecting, you'd have to pay Social Security taxes: 6.2% of your earnings on wages up to a cutoff that will be $117,000 in 2014, says AARP's Jonathan Peterson, author of Social Security for Dummies.
Some good news: Because you are beyond your full retirement age of 66, working won't reduce your benefits. (In years before your full retirement age, benefits would be cut by $1 for every $2 you earn over an exempted amount -- $15,480 in 2014 -- although you'd get that money later as a higher benefit.)
Your new work may boost your future benefits, which are based on your top 35 years of earnings. But any bump is likely to be noticeable only if you haven't already had 35 years of earnings. To top of page