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Welcome > For Buyers > Find Your Perfect Home ...

Let Me Personally Search for a Home that Matches Your Criteria, for Free and Without Obligation.

As a top Torrance, Redondo Beach and Hermosa Beach real estate agent, I make it my business to be aware of every local home or property on the market. I even know of properties that will be available, but have yet to formally be placed on the market.

I have direct access to the Torrance, Redondo Beach and Hermosa Beach area MLS (Multiple Listings Service), and also to every other agents in the area and all of their listings.

If you give me some idea of what you are looking for, I will personally review all my sources of real estate listing information and send you everything within your price range that matches your criteria. I can save you a great deal of time!

This is a totally free service, and there is no obligation. It's part of my job to offer services like this to homebuyers.

Tell me what you are looking for! It's my job to know every property in Torrance, Redondo Beach and Hermosa Beach, even ones not listed online. My personal search for you is FREE and without obligation. Please give me as many details as possible...

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School Reports in Torrance, Redondo Beach and Hermosa Beach, California

"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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California Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

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Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Q	What country of the world has the highest percentage of private housing?
A	Mongolia, where 100% of all properties are owner-occupied.
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Mitch Graves, REALTOR®, real estate agent and broker for Torrance, Redondo Beach and Hermosa Beach, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Mitch Graves
Century 21 Union Realty
23900 Hawthorne Blvd Suite 200
Torrance, CA 90505
310-749-1435
Fax: 310-793-3307
MitchGraves@NUMBER1EXPERT.com

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