Property Management News

By Robert R. Tweed,Tweed Financial Services, Inc. By Robert R. Tweed, Tweed Financial Services, Inc. Robert “Rusty” Tweed is President and Founder of Tweed Financial Services, Inc., a full-service financial and estate planning firm located in San Marino, California. Tweed Financial was founded in 1991 and has offered various aspects of wealth management and financial advisory services ever since.   In 1999, Robert Tweed was selected Estate Planner of the Year by the National Association of Financial and Estate Planners (NAFEP). For further information, contact: Tweed Financial Services, Inc. (626) 588-1520 www.tweedfinancial.com As we all know, interest rates are still at an all... Read more

By: Paul H. Glass PLANNING ON SELLING YOUR REAL ESTATE? If so, don’t overlook considering the new surtax that will be extracted from your pocket. Tax provisions within the Affordable Care Act (aka “Obamacare”), put into place a 3.8% surtax on Net Investment Income. This Net Investment Income Tax is imposed by IRC Section 1411, and it applies to certain Net Investment Income of individuals, estates and trusts that have such income above statutory threshold amounts of $250,000 (joint), $200,000 (single) and $12,000 (trusts). The Net Investment Income Tax went into effect on January 1, 2013, and it affects income tax returns of individuals, estates and trusts, beginning with their first... Read more