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SUNSET STRIP GROUNDBREAKING means adding capital value and more civic pride in #Weho

SUNSET STRIP GROUNDBREAKING The Sunset Strip in West Hollywood is getting its first facelift in 75 years, and city officials gathered last Wednesday at the Whisky A Go Go for a groundbreaking ceremony to hail the overhaul of one of the nation’s most famous stretches of road. City officials, members of the local business community [...]

HISTORIC PRESERVATION COMMISSION ACTIONS in #Weho

HISTORIC PRESERVATION COMMISSION ACTIONS in West Hollywood, CA.

Message from #Weho Councilmember Jeffrey Prang

New Year’s has always been a time for looking back to the past, and more importantly, forward to the year ahead. It’s a time to reflect on the changes we want (or need) to make, and resolve to follow through on those changes. But, if you’re like most of us, it’s merely time for a new start…of old habits.

General Plan Community Workshop #Weho

West Hollywood will continue work on its General Plan with a community workshop this Saturday.The General Plan community workshop will include presentations on key issues including housing, transportation, land use, and climate change, as well as opportunities to review and give feedback on a variety of goals and policies for other topics to be included in the updated General Plan.

I’m refinancing about $160,000 remaining on a condo worth about $300,000 and discovered my mortgage holder wants$2,200 in closing costs.

Image by Getty Images via Daylife DEAR BENNY: I am shopping for a new mortgage (I will refinance about $160,000 remaining on a condo worth about $300,000) and discovered my mortgage holder wants about $2,200 in closing costs. I just financed with this bank three years ago and have stellar credit. There seems to be [...]

#IRS offers guidance on new $6,500 tax credit for repeat home buyers in #realestate

With all the rules now available, here’s the action message to potential tax-credit seekers: Speed up your search for the house you want to buy. Get moving. There are only 14 weeks to sign a contract and just five months to go to closing.

Walking Away From Your #Mortgage Is Morally Wrong And Financially Stupid, Says McArdle

As millions of Americans begin to realize that it will be years if not decades before their houses are worth what they owe on them, there has been lots of talk about whether it’s okay to just voluntarily walk away from your mortgage.

“Like-kind” exchange, taking an exclusion, and being a landlord for a year: scenario in #realty

The law that allows homeowners to exclude up to $500,000 of gain is not a “once-in-a-lifetime” situation. It can be used over and over again. The only conditions are that the property must be owned and lived in two out of the five years before it is sold.