5 Monkeys

5 Monkeys

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Our experience, integrity and market knowledge assist both homeowners and investors alike. Although bottom line focused, we feel that bringing honesty and transparency to the investor model makes for a much better experience for all parties.

01/07/2014

Just getting ready to go to market with 7021 Alondra Blvd. #13 in Paramount. Prince on this sweet two bedroom loft with BRAND NEW EVERYTHING is gonna be a very accessible $239,000! Even though the unit has a gated entry, air-conditioning and attached two car garage, the best part is that it is zoned as a PUD. That means FHA is a no brainer!

IRS and CA Franchise Tax Board clarify mortgage debt 01/06/2014

Awesome news from the California Association of Realtors. For the foreseeable future, there is still no tax liability on short sales and foreclosures!

http://www.car.org/newsstand/newsreleases/2013releases/ftbclarification

IRS and CA Franchise Tax Board clarify mortgage debt Distressed California homeowners can now avoid foreclosure or bankruptcy and can opt for a short sale instead, without incurring federal and state tax liability.

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