Open House for 7821 Hermitage Avenue, Newark, CA 94560 – this coming August 3, Saturday, and August 4, Sunday, 1:30p to 4:00p

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Don’t miss the chance to own and call this your future dream house. Stunning rarely found 5 bedrooms single house in a convenient location of Newark. 5 bedrooms 3.5 bathrooms 2953 sq ft / lot 11256 sq ft. Nicely recent remodeled. All dual-paned windows and recessed lighting thru-out. Newly HVAC, Water heater, and Gas cook range. Gourmet kitchen with granite countertops and upscale stainless steel appliances. Newly remodeled upstairs master bathroom and hallway bathroom. Brand new built balcony deck overview neighborhood. Updated beautifully tile flooring ground level living area. Harmonized & elegant artistic interior paint thru-out. Tranquil & mature landscape, fruit trees of fig, apple, pear, nectarine, plum, peach, lemon. Closed to the commuter location of Apple, Google, Facebook, Oracle & Tesla. 5 minutes/3 miles away from 2 Facebook offices located in Fremont. Why wait, Fed just reduced interest rate, it’s time to be a homeowner.

Offered at $1,499,950

Visit www.7821hermitage.com for virtual tour and pano photos

 

 

Visit www.7821hermitage.com for virtual tour and pano photos

Offered at $1,499,950

Open House this Sat & Sun – 1422 Rocklin Court, San Jose, Ca 95131

Newly Remodeled Kitchen

Newly Remodeled Kitchen

Spaciou Master Bedroom

Spaciou Master Bedroom

An affordable upgraded 2 bed/1 bath upstairs end unit condo in prime area North Valley of Berryessa. Beautiful view of community greenbelt & redwood trees off private balcony! Great & open floor plan. Living room extends the beauty to private balcony. Remodeled kitchen with brand new 2 tones kitchen cabinets, quartz counters/breakfast bar, stainless steel sink and faucet adjacent to dining area. Embossed wood plank laminate floor in living area. Porcelain tile floor in bathroom decorated with tile and mosaic trim on bathtub wall. Remodeled bathroom with brand new bathtub, mirror, light fixture, vanity & sink. Fresh new paint thru out. Inside laundry washer/dryer included. One Car detached Garage #66. Two pools and spas in the community. Easy access to Highway 101, 680, Hi-Tech companies & future BART extension to Berryessa. Close to shopping, restaurants, COSTCO, Ranch 99, Sprouts Farmers Market, City Sports Club & San Jose Golf Course.

If you are looking for rental investment, this condo can potentially earn approximately $2200-$2300 rental income per month.

You do not want to miss this beautiful home. I am hosting an open house this Saturday and Saturday, 1p to 4p.  Please drop by and say hi.

Your Real Estate Broker, Andy Lam

408-218-2513

andyjustsold@gmail.com

Open House this Sunday – 526 S 20th Street, Richmond, Ca 94804

Please drop by to view this beautiful custom built 3 bedrooms and 2 bathrooms one story single family home. We are hosting an open house party between 1:30pm – 4pm on Sunday, November 13.

  • 1604 sf living space with 2 car garage
  • 9 ft high ceiling with LED recessed lighting
  • Maple laminate flooring
  • New expresso oak kitchen cabinets
  • Swiss coffee creamy off-white fresh new paint
  • …… and more

We are waiting for your best offer to own this home. Please contact Andy Lam at 408-218-2513 or andyjustsold@gmail.com to submit your offer.

 

Open House this Sunday (11/6) 1:30p to 4:00p – 526 S 20th Street, Richmond, Ca 94804

PLEASE GIVE US A VISIT TO CHECK IT OUT! YOU’LL LOVE IT!

Beautiful custom built 3 bedrooms and 2 bathrooms one story single family home

  • 1604 sf living space with 2 car garage
  • 9 ft high ceiling with LED recessed lighting
  • Maple laminate flooring
  • New expresso oak kitchen cabinets
  • Swiss coffee creamy off-white fresh new paint
  • …… and more

Expresso Oak Kitchen with White Quartz Counter Topb372c4e2-92df-427d-b871-1ecc0b39ffe0

OPEN HOUSE THIS SATURDAY (10/28) FROM 1:30-4PM – 526 S 20th Street, Richmond, Ca 94804

PLEASE GIVE US A VISIT TO CHECK IT OUT! YOU’LL LOVE IT!

Beautiful custom built 3 bedrooms and 2 bathrooms one story single family home

  • 1604 sf living space with 2 car garage
  • 9 ft high ceiling with LED recessed lighting
  • Maple laminate flooring
  • New expresso oak kitchen cabinets
  • Swiss coffee creamy off-white fresh new paint
  • …… and more

Expresso Oak Kitchen with White Quartz Counter Topb372c4e2-92df-427d-b871-1ecc0b39ffe0

Open House this Sunday, 10/23 – See you at 526 S 20th Street, Richmond, Ca 94804

Please drop by to view this beautiful custom built 3 bedrooms and 2 bathrooms one story single family home.  We are hosting a open house party between 1pm – 4pm on Sunday, October 23.

  • 1604 sf living space with 2 car garage
  • 9 ft high ceiling with LED recessed lighting
  • Maple laminate flooring
  • New expresso oak kitchen cabinets
  • Swiss coffee creamy off-white fresh new paint
  • …… and more

526 S 20th StreetExpresso Oak Kitchen with White Quartz Counter Topb372c4e2-92df-427d-b871-1ecc0b39ffe0

Open House – 1364 Meadow Ridge Circle, San Jose, Ca 95131

Listed $539,950, 2 Bedrooms and 2 Bathrooms Upgraded Home in North Valley, Shadow Wood Complex

Open House from 1:30p to 4:30p this coming Saturday (10/1) and Sunday (10/2)

Convenient location, close to Townsend Park, San Jose Muni golf course, Ranch 99 Supermarket, Post Office, Costco, City Sports, and newly opened Sprouts Farmers Market, and HomeGoods.

 

 

Cozy Living Room with Fireplace

Cozy Living Room with Fireplace

Andy Just Sold

Property Management

For more than 10 years, I provide property management for my clients and have served the needs of renters and property owners.  I offer comprehensive property management services.

There are two parts in property management.

  1. Find a tenant – I provide the full services in advertising, tenant screening, pull credit reports, and leasing contract.
  2. Collect rent, and maintain the property – The tenant will contact me for all the matters related to the house.  If any repairs or maintenance require in your property, I will hire the contractor or handyman to manage the property on your behalf.

I can assist in any format that you prefer with a reasonable fee.  Please contact me at 408-218-2513 so we can discuss the details.

I love referrals.  If you like my services, please refer me to your friends or relatives.

Tax Benefits on Rental Real Estate

Rental real estate provides more tax benefits than almost any other investment. Here are tax deductions for owners of small residential rental property.

1. Interest

Interest is often a landlord’s single biggest deductible expense. Common examples of interest that landlords can deduct include mortgage interest payments on loans used to acquire or improve rental property and interest on credit cards for goods or services used in a rental activity.

2. Depreciation

The actual cost of a house, apartment building, or other rental property is not fully deductible in the year in which you pay for it. Instead, landlords get back the cost of real estate through depreciation. This involves deducting a portion of the cost of the property over several years.

3. Repairs

The cost of repairs to rental property are fully deductible in the year in which they are incurred.

4. Local Travel

Landlords are entitled to a tax deduction whenever they drive anywhere for their rental activity. For example, when you drive to your rental building to deal with a tenant complaint or go to the hardware store to purchase a part for a repair, you can deduct your travel expenses.

5. Long Distance Travel

If you travel overnight for your rental activity, you can deduct your airfare, hotel bills, meals, and other expenses. If you plan your trip carefully, you can even mix landlord business with pleasure and still take a deduction.

6. Home Office

Provided they meet certain minimal requirements, landlords may deduct their home office expenses from their taxable income. This deduction applies not only to space devoted to office work, but also to a workshop or any other home workspace you use for your rental business.

7. Employees and Independent Contractors

Whenever you hire anyone to perform services for your rental activity, you can deduct their wages as a rental business expense. This is so whether the worker is an employee (for example, a resident manager) or an independent contractor (for example, a repair person).

8. Casualty and Theft Losses

If your rental property is damaged or destroyed from a sudden event like a fire or flood, you may be able to obtain a tax deduction for all or part of your loss. These types of losses are called casualty losses. You usually won’t be able to deduct the entire cost of property damaged or destroyed by a casualty. How much you may deduct depends on how much of your property was destroyed and whether the loss was covered by insurance.

9. Insurance

You can deduct the premiums you pay for almost any insurance for your rental activity. This includes fire, theft, and flood insurance for rental property, as well as landlord liability insurance. And if you have employees, you can deduct the cost of their health and workers’ compensation insurance.

10. Legal and Professional Services

You can deduct fees that you pay to attorneys, accountants, property management companies, real estate investment advisors, and other professionals. You can deduct these fees as operating expenses as long as the fees are paid for work related to your rental activity.

There are AGI limitation on deductions. Please consult your tax advisor for more details.