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Ian Sebastian
1,619 followers -
"Anywhere I'm needed is everywhere I am!"
"Anywhere I'm needed is everywhere I am!"

1,619 followers
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East Coast resident needs West Coast residencyPRIVATE BICOASTAL RESIDENCE. Detached & quiet corporate guest suite. One bedroom loft, with all new queen size bed and memory foam mattress, one bathroom w/ shower, Great living room features 14 ft. high vaulted ceilings, dining area and Euro style custom kitchen with top of the line cabinetry, new refrigerator, beautiful new wood flooring. TOTALLY REMODELED. Being leased FULLY FURNISHED. ALL UTILITIES PAID, including high speed internet access. 800 sq. ft. plus a 72 sq. ft. balcony. PANORAMIC VALLEY VIEWS! Located in a security gated compound on a cul-de-sac private drive.

South of Ventura Blvd, close to CBS Studios and everything Studio City has to offer. Short or long term available.

IDEAL residence for an East Coast studio executive or business professional who requires a full/part time West Coast residence.

Landlord is a licensed real estate agent.
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2016-07-12
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Have a great day my friend.
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Lease Vs. Sale - The Case for Property Management


Many Sellers today overlook an alternative strategy when considering the sale of their home and the future.

No doubt they have heard their fair share of horror stories about mismanagement and abuse; thus believing that property management is a headache that should be avoided. Selling they think, is their only option. But is it?



Why you should consider Property Management.



Short or long term relocation for work or any other reason provides you the opportunity to move quickly and decisively. Relieving you of the pressure of a forced sale and potentially lower sale price.

Controlling the timing of a sale when forecasts predict stronger future markets in your area.

Taking advantage of interest rate perspectives, short and long term.

Flexibility allows you to sell at the most opportune time based upon taxable income from year to year.

Full service professional management companies, execute lease agreements, review client worthiness and financial stability, provide repair and support services such as landscaping and/or pool maintenance, and collect and deposit rents,

Property management allows us to continually evaluate the fair market value of your home, providing expert advise in regard to the possible future sale of the home, on your terms.

The current rental market as of spring 2016 is trending towards a considerable shortage of homes for lease. This has put upward pressure on demand and rates are considerably higher than last year.



If you would like to find out what your home would lease for this year, send us an email at info@runningrealty.com We will get back to you in a timely fashion to schedule a no cost/ no obligation evaluation, at your convenience.
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Personalized professional service catering to the most discriminating Buyers and Sellers.
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Short sale tax break on verge of being extended until 2017
 
US CapitolHomeowners who had short sales in 2015 are about to get big break on their taxes, thanks for a massive federal spending bill that’s about to be signed into law by President Obama.
The Mortgage Debt Forgiveness Act was set to expire at the end of 2015, and without an extension, any mortgage forgiveness achieved in a short sale would have been counted as income for homeowners whom banks allowed to sell their homes for less than the amount of their mortgage during 2015. But an extension to the Mortgage Debt Forgiveness Act was included in the fiscal 2016 federal appropriations and tax relief bill, which passed both the House of Representativesand the Senate on Friday.

The bill is now awaiting the signature of President Obama, who reportedly will sign the bill into law on Friday, meaning that borrowers who had short sales in 2015 are about to be able to breath a little easier.

This is not the first year that the extension of the short sale tax break has come right down to the wire. Last year, President Obama signed the 2014 version of the short sale tax break on Dec. 29.

But what’s different in this year’s version of the short sale tax break applies not only to short sales that took place in 2015, but it also extends the short sale tax break to cover any short sales that take place in 2016 as well.

Previous extensions of the short sale tax break only covered short sales during the previous year, leaving many homeowners wondering if they were going to get stuck with a massive tax bill.

While last year’s short sale tax break was in Congressional limbo, a report from RealtyTrac estimated that in the first three quarters of 2014, there were more than 170,000 short sales representing a mortgage debt forgiveness of $8.1 billion total.

The average short sale has a mortgage forgiveness of about $75,000, which if the tax break expired would be counted as income.

RealtyTrac also estimated that the potential taxes on the average short sale to be $22,114, which would have brought the total tax liability to $2.7 billion.

But that didn’t happen last year, and it’s now one step away from not happening in 2015 or 2016.
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75 degrees and sunny! Location...location...re-location!
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