C Land Mini Seminar TRNASACTION SERIES Realtor Fees after the Settlement Tuesday 8/25/2025 - Presented by: Stephen Lee Excerpted from WSJ/Edited by Stephen Lee with CRI Realtor Fee Structure Change: From August, 2024 The $418 million settlement was reached between the National Association of Realtors and plaintiffs’ attorneys to settle allegations that the system for paying agents kept...
C Land Mini Seminar INVESTMENT SERIES Depreciation Presented Stephen Lee/Jane Choi with CRI Depreciation & Deduction Definition of Depreciation : Loss of value brought about by physical deterioration or Functional or Economic/External obsolescence. Types of depreciation 1) Physical Deterioration 2) Functional Obsolescence 3) Economic/External...
1031 Exchange program IRS Code Section 1031 IRC Section 1031 provides an exception and allows you to postpone paying tax on the gain if you reinvest the proceeds in similar property as part of a qualifying like-kind exchange. Gain deferred in a like-kind exchange under IRC Section 1031 is tax-deferred, but it is not tax-free. Terminology -Relinquished Property -Replacement...
A/C Unit Water Problem AC System =Compressor Unit (Outside) + Blower Unit (Inside) 1)...
How Trump’s Megabill will Change Your Taxes Now, individual taxpayers want to know what difference this makes to their own returns and how changes could affect tax planning for this year and next. The short answer is that—unlike with the tax overhauls of 1986 and 2017—most of the changes for individuals aren’t radical. Instead, the legislation makes permanent many key changes from 2017...
Yuval N Harari on the Promise & Peril of AI Does the rise of AI mean decline – even the end - of Homo Sapiens? Yuval N Harari discussed the outlook with WSJ at the Wall Street Journal’s CEO Council Summit in London. 1. Bringing up Baby WSJ : You call AI (or alien intelligence) the rise of a new species that could replace Homo Sapiens. Harari: For the first time, we have a real competition on...
TECHNOLOGY & TOOL SERIES 10 AI Prompts to Streamline Your Business Edited from Realtor Mag(Spring 2025)/Presented by Stephen Lee Write Property Description for the MLS Create Social Media Post Announcing a New Listing - Ask AI for captions that are playful and hashing-friendly for Instagram. - Don’t forget to pair strong...
Transaction Series NJ Market Data, Digested Excerpted from NJ Realtor Magazine/Edited by Stephen Lee with CRI 10 Key Metrics for the listing presentation or consultation for your clientele: 1.Median Sales Price - The midpoint price YDT 2025: $500,000 à 8.7%...
Transaction Series Why Appraisals are Different on Same Property? Reviewed by Stephen Lee with CRI Property Value - Market Value - Market Price Price Estimation - Zillow - NARRPR.COM - Agent’s CMA : Comparable(s) via Adjustments Tax Ratio Method - Appraisal by Appraiser One of the most frustrating...
Home Maintenance Series Hot Water Tank Presented by Stephen Lee with CRI Water Tanks at Home -(Gas) Hot Water Tank -(Electric) Hot Water Tank -Tankless Hot Water System (Gas) Hot Water Tank Assembly Typical Life Span & Costs Gas(Electric)...