Today Joe Cucchiara is joined by CPA Tom Wheelwright as he explains why no one should be afraid of an IRS audit. At the top of today’s show Tom will stress the importance of managing your investments and working with the right people come tax time. He then explains how early tax preparation reduces your chance of being audited; and if being audited once puts you on the IRS’s watch list. Tom also shares his personal rules for handling an audit without the stress.

Tom responds to a call from Louis in Danville who has received mixed answers about long term capital gains on his investment property. He also answers a real estate agents question about protecting themselves from audits when they often entertain and buy gifts for clients.

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Joining Mike D’Ambrosio in studio today is Santa Clara County Assessor, Larry Stone. Mike will start off by getting Larry’s assessment of the inventory problem focusing on apartments, office and retail markets. He then relates it to the dot-com boom, explaining why he believes real estate is more securely backed and a projected correction in 2017 or 2018. Also in discussion today is:

Larry also responds to a caller who asks if she should wait to look for a second home so she can convert her current home into rental.

To contact Mike D'Ambrosio you can visit his website at www.MikeSellsSiliconValley.com, email him at [email protected] or call at (408)630-0101. 

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

As promised, Bobbi and Buddy have 1031 exchange specialist Ron Ricard call back to talk about propositions 60, 90 and 110. Ron gives us a brief history lesson on what prompted the creation of prop 60, who it is meant for and its requirements. He also tells us about similar propositions 90 and 100 which apply to people moving outside their current county or have a permanent, physical disability. We also learn about prop 58 which allows a child to inherit property along with its property tax basis.

Be sure to check out our website for additional resources, exquisite properties and more at www.BobbiDecker.com. To reach Bobbi directly call 650 346 5352 or email her at [email protected].

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Joining Joe Cucchiara in studio is Scott Green, an expert on the Los Gatos/Santa Cruz Mountains area for Alain Pinel. Scott will start out by giving us an update on the Los Gatos inventory and the buyer demand. Scott then tells us about the lifestyle of the Santa Cruz Mountains citing many of the reasons people have bought homes in that area and addresses several safety concerns for buyers.

Scott also responds to a couple of text messages about crime and a fire at a local school; and another about getting more information about homes in the Los Gatos Mountains.

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Rejoining Mike in studio today is Justin Moles from Orange Coast Title. Mike will kick off by talking about the slight increase in inventory before asking Justin how it looks from the title and escrow side compared to last year. They then move on to the differences between luxury and affordability trends and the gentrification of urban neighborhoods. Also in discussion today:

To contact Mike D'Ambrosio you can visit his website at www.MikeSellsSiliconValley.com, email him at [email protected] or call at (408)630-0101. 

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Today Joe Cucchiara welcomes Richard Zahm, CEO of EquityClub, into the studio. Richard will explain how this relatively new program works and walks us through the process from the homes appraisal to the repayment process after you sell. Joe then asks about differences between equity sharing and traditional mortgages or reverse mortgages.

Richard also responds to the text messages of several listeners:

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Bobbi Decker and Buddy Saupe call up IPX 1031 Certified Exchange Specialist Ron Ricard for a discussion on 1031 exchanges, residential properties and tax obligations. Bobbi will start off by asking Ron to clear up any misconceptions about selling residential property that has dramatically appreciated over the last few decades. Ron then talks to us about 1031 exchanges and other related topics including:

Be sure to check out our website for additional resources, exquisite properties and more at www.BobbiDecker.com. To reach Bobbi directly call 650 346 5352 or email her at [email protected].

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Today Joe Cucchiara welcomes Pam Foley, President and CEO of Foley Mortgage Group. Joe will start off by having Pam explain how private money (also called hard money) works and what situations people use it in. Pam then tells us how Foley Mortgage decided whether or not someone qualifies for a loan and gives us a few situations that demonstrate private money loans flexibility. Pam even educates us about the investors’ side of hard money.

Joe and Pam also respond to calls from listeners:

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

On today’s show, Joe Cucchiara calls up PointDrive strategy director Tim Swindle. Joe will start off by asking Tim about his roles and responsibilities at PointDrive before discussing how the real estate industry, which has been slow to innovate, is finally becoming more efficient with technology like PointDrive. Tim then shares with us his personal experience of the buying and selling process explaining what he liked about some agents and what things he didn’t appreciate. He also responds to a text message from Kathy and tells us about the two different PointDrive websites for real estate professionals and one geared towards people not in real estate.

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.

Intero Real Estate CEO Tom Tognoli returns to Real Estate Radio Live this week. Your host Mike D’Ambrosio starts off today’s show by getting Tom’s opinion on what has caused this year’s slow start, despite the Bay Area sorely lacking in inventory. Mike then has Tom tell us about Intero’s Buy, Sell, Stay report that breaks down market statistics by region. An article about the Top Most Expensive Zip Codes prompts a discussion on what people are doing to help their neighborhoods value and over improvements that hurt. They also discuss the popularity of the Intero Blogs and using social media to share company culture and getting to know people on a more personal level.

To contact Mike D'Ambrosio you can visit his website at www.MikeSellsSiliconValley.com, email him at [email protected] or call at (408)630-0101. 

Be sure to call in with your questions during the show at 1(800)516-1220 between 3:00 p.m. and 4:00 p.m. PST on AM 1220 KDOW. To learn more about all our hosts and how to contact them, simply visit www.RERadioLive.com.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk.  We will not be liable for any losses and damages in connection with the use of associated information. www.reradiolive.com All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Bobbi Decker CalBRE 00607999. Mike D’Ambrosio CalBRE 01841982. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/.