Most people have benefited from property investments one way or another for the past 100 years. As the society advances and global network escalates, property investing offers more options for various type of situations. High income earners invest mainly to leverage on annual tax deductions. Low income earners seek to preserve value and a chance on upgrading lifestyle. Investors seek to accumulate equity for retirement purposes and foreign investors seek to obtain permanent legal residency.
There are people buying and selling real estate in every type of market to achieve their goals and dreams. In a strong seller’s market, not everyone can benefit from selling a home. In a strong buyer’s market, not every buyer is prepared to purchase a property. There are many factors involved and financial strength is usually the main reason.
Although tax laws changes, most W2 income earners does not have much options for tax write offs. Therefore, real estate purchasing has been the main option for them. There are more tax write off options for 1099 or business entities. These write off changes are usually more drastic and may change quite a bit year after year. Cornerstone Group offer individual and group investment opportunities. Since each person’s goal and situation is different, customized evaluation is necessary. Each individual or family’s situation may also change year after year; therefore, annual evaluation is needed to best leverage your maximum benefits. To best leverage your annual tax deduction options, please contact Cornerstone professional to set up a Lifestyle Planning Session to evaluate your situation.
Some of Our Client Testimonies
BROKER WITH KNOWLEDGE, INTEGRITY, PASSION
My wife and I choose Alisha Chen as our listing agent due to her knowledge, integrity and her passion to help people. She was able to identify and recommend to us to sell a rental property we owned in Riverside County. She recommended to us to update the property with new flooring & fresh paint and recommended an excellent handy man who perform the job professionally and expediently. The first week on the market, Alisha was able to negotiate a price & terms beyond our expectations (over the listing price). She was able to get us a credit from the Buyer’s agent when the closing was delayed 3 weeks. She and her team were very responsive to us and kept us updated at all time. Alisha was very sensitive to our needs to sell the property in a timely manner and worked very hard to reduce the vacancy by two months. Her excellent negotiation skills allowed us to get us $11,000 more at closing. This transaction was extremely smooth; we did not feel any stress or burdens. We would highly recommend Alisha to anyone who may consider a real estate transaction in Southern California. Mr. & Mrs. Habib
BROKER EXPERT IN MULTIPLE TRANSACTIONS AT THE SAME TIME
In the past 7 years, Alisha has managed my investment property, listed it and sold it, and then helped us buy another investment property via 1031 exchange. Alisha is also credited with helping us negotiate and purchase our current home last year.
In 2007, through friend’s referral, my wife and I contacted Alisha. We needed a new agent representing us because of our negative experience with our previous one. We feel we are particularly fortunate to have found Alisha because she has always been knowledgeable and committed. The quality of which we appreciate the most is her patience — taking her time to explain real estate affairs and concepts in familiar terms. Needless to say this attribute has helped facilitate our decision-makings considerably.
As mentioned, we recently have investment property transactions via 1031 exchange. “1031” is a term and a process very foreign to us. Alisha was able to coach us through the process and help us locate a replacement property meeting our prerequisites. Through her negotiation and her recommendations along the way, we secured a good deal on this property and were able to purchase it and upgrade it all within our budget. Immediately after, Alisha helped us find a tenant for it. The execution and the timing were just so perfect and precise.
Projects sometimes did not go as smoothly, and we had challenges — one involving the contractor and the other HOA management company. On both incidents Alisha intervened and concerted effort with all parties to have the matter resolved. This is why we said we are fortunate to have Alisha as our agent because we know we will not flight alone in unfavorable situations as those.
This is my testimony and I thought to share it with you through this internet platform. And I am very confident in referring people who have real estate interests to Alisha. Mr. & Mr. Hsu