Sylvia Li

Have sold this home on the 1st day at open house in city of Hacienda Heights, CA. Feeling not holding this home long enough to warm up on the market, it is gone so quickly. We are on a high demand market but the inventory is low and the interest rate is low. It's good time to do the 1031 exchange. Find a dream home in the area you like for yourselves. WHAT IS A 1031 EXCHANGE? IRC Section 1031, a properly structured 1031 exchange allows an investor to sell a property, t...o reinvest the proceeds in a new property and to defer all capital gain taxes. IRC Section 1031 (a)(1) states: "No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment." To understand the powerful protection a 1031 exchange offers, consider the following example: An investor has a $200,000 capital gain and incurs a tax liability of approximately $70,000 in combined taxes (depreciation recapture, federal and state capital gain taxes) when the property is sold. Only $130,000 remains to reinvest in another property. Assuming a 25% down payment and a 75% loan-to-value ratio, the seller would only be able to purchase a $520,000 new property. If the same investor chose to exchange, however, he or she would be able to reinvest the entire $200,000 of equity in the purchase of $800,000 in real estate, assuming the same down payment and loan-to-value ratios. As the above example demonstrates, exchanges protect investors from capital gain taxes as well as facilitating significant portfolio growth and increased return on investment. In order to access the full potential of these benefits, it is crucial to have a comprehensive knowledge of the exchange process and the IRC. For instance, an accurate understanding of the key term like-kind - often mistakenly thought to mean the same exact types of property - can reveal possibilities that might have been dismissed or overlooked. Asset Preservation is your resource to obtain accurate and thorough information about the entire exchange process. If you have any question , please call me at 714-329-0516,

New listing ! Affordable home in Hacienda Heights community. Open house on Sunday Aug 16th, 1-5 PM.

Nice townhome in Cerrtios, the highest price ever sold on this model. Yea!!

Just Sold! Got house keys today. Let's throw a party to celebrate 4th July. Cheers!

Cypress home. Closed for $386,000 over list price. Two story with 2 master bedrooms, pool, club house, in top rated school district. close shopping & easy fwy access to 605, 91. 405, 105. If you are interested to selling/buying your home in the area, please contact Sylvia Li at 7143290516, [email protected] DRE#01923257