Corona CA Market Update April 5, 2023

Welcome to the latest episode of Real Estate Mortgage Insiders where we dive into the world of finance and offer valuable insights on tax-saving strategies. Today, our expert panel includes Craig Yace, Ted Hicks, and Scott Benson. They will be discussing a variety of topics, including the accelerated depreciation available with the jobs act and the depreciation of vehicles weighing over 6,000 lbs. Additionally, they will be exploring the benefits of a self-directed IRA and how it can be used to purchase real estate.

During the show, our panel will also offer helpful tips for W2 employees on how to calculate their taxes correctly using IRS tables, allowing them to improve their take-home pay and qualify for larger loans. They will also highlight how investing in real estate early, especially for those coming up in sports or music, can help offset income through depreciation and set themselves up for long-term capital gains at a lower rate. We also discuss California’s shared equity program that provides 20% down payment assistance in exchange for participation in the long-term appreciation of the house.

But it's not all business on this show. Our panel will also share some fun facts about themselves. Did you know that Scott has surfed with a monkey? Or that Craig was turned down for a modeling gig because he was too old and Ted worked at an old-fashioned video rental store as a manager. Listen as our team discusses Corona Real Estate and Mortgages.

So, tune in to learn more about tax-saving strategies, real estate investing, and to get to know our expert panelists a little better!