Half Moon Bay real estate and homes for sale in California - Diana Plank, REALTOR® Diana Plank REALTOR(r) for Half Moon Bay, California real estate - NUMBER1EXPERT™ Diana Plank NUMBER1EXPERT(tm) for Half Moon Bay, California real estate

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Diana Plank, REALTORŪ, real estate agent and broker for Half Moon Bay California home listings, property and land for sale - NUMBER1EXPERT(tm)
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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!
 

It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. 

The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. 

When you click on any link above, you'll see your chosen site, along with a form at the bottom of your screen. Use this form to request my quick Status Report on any homes or other real estate that interests you. It's free and without obligation. 

Remember: As a top Half Moon Bay area Realtor, it's my job to know more about a property than any web site. Make sure you have the most current information! 

 



Real Estate Tips
Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Real Estate Trivia
Q 
What is the longest construction time for a private residence?

A 
The Winchester House in San Jose, CA, was under construction for over 38 years.
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Diana Plank, REALTORŪ, real estate agent and broker for Half Moon Bay California home listings, property and land for sale - NUMBER1EXPERT(tm)

Diana Plank
Coldwell Banker

1415 Main Street
Montara, CA. 94037
Phone: 650-728-8080
Fax: 650-728-1573
Email: Diana@CoastalAgent.net

Diana Plank is one of those rare individuals who has the balance it takes to have it all. She is a business dynamo- apparent by her success at whatever she takes on and her more than two decades of successful years in the real estate industry. More importantly, though, Diana is honest, ethical and trustworthy, both as a friend and as a REALTOR. Diana Plank knows coastal lifestyles. Call her today and experience the success that Diana can create for you and your real estate dreams.

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