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Avoid IRS trouble by understanding how changes to 1099 forms will affect your rental property business in the San Gabriel Valley and Southern California. To address unreported rent, the Internal Revenue Service (IRS) has introduced a new change: rental income over $600 must now be reported by landlords during tax season instead of $20,000. Addressing
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Multifamily rental properties offer big rewards but it starts with finding one that matches your budget and goals. Whether you’re buying your first or fifth rental property in San Gabriel Valley you don’t want to overlook multifamily property investments. Some in real estate investing tend to shy away from multifamily properties because they are nervous
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In June, retail sales continued to increase, fueled by stimulus and savings. A portion of that increase comes from higher prices (due to supply-chain disruptions). On the consumer front, return to work and school supports sales. June spending at apparel stores climbed 2.6 percent. After more than a year of lockdowns, people are updating wardrobe
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