14 insightful tips for agents looking to save money in their business

From resisting shiny objects (so to speak) to taking advantage of local intern pools, here’s how industry experts say agents can save their pennies in an ever-shifting market. Continue reading

5 Tips for Keeping Tax and Other Financial Records

Filing cabinet overstuffed? It’s time to get clarity on which documents you can safely toss, what records you should save, and for how long. Laura reviews five tips for keeping tax and other financial records and staying compliant with IRS rules. Continue reading

‘Million Dollar Listing LA’ stars on 5 expenses to budget for right away

As independent contractors, real estate agents must keep on top of expenses. Here are some budget-savvy tips for newbies from “Million Dollar Listing LA” stars James Harris and David Parnes. Continue reading

How luxury clients may be impacted by Biden’s wealth tax proposal

The “Billionaire Minimum Income Tax,” as outlined in Biden’s proposal, would require households worth more than $100 million to pay a tax of at least 20 percent on both their income and any unrealized gains — including real estate. Continue reading

Seller’s market is here to stay — but with fewer luxury buyers in 2022

“There will be more luxury sellers in 2022 than in 2021, and while there will be fewer actual luxury buyers, it is still a seller’s market,” the president of Luxury Portfolio International predicts. Continue reading

The SALT deduction: What to know and how it could change

Congress could repeal the current cap on state and local tax deductions, a move that the Committee for a Responsible Federal Budget said would benefit wealthy homeowners rather than the typical middle-income family. Continue reading

China considers something new — mandating a national property tax

The nation remains one of the few world powers without widespread taxes on real estate values. But that could soon change. Continue reading

24 agent tips for second-homeowner clients as they prepare to settle in

Give your clients these savvy tips as they prepare to fly the coop for the winter, and you’ll solidify their trust as a second-home expert. Continue reading