building entrepreneur and investment community
Expect no 'grand bargain' to head off fiscal cliff
Real Estate

Now, that's over. Two years of standing around, now down to business. Fast. Republicans hold the same veto in the House of Representatives, but have already softened their 2011 gridlock position. Tom Cole, Republican of Oklahoma and deputy whip, yesterday: "Of course we need more revenue." The president is the same, but he will have less power every day. Congress members of both parties know that they'll be around long after he's gone, holding the bag for whatever he wants to do.

San Francisco broker's 'second office' is Airstream trailer
Real Estate

Mobile devices have allowed real estate agents to take all of the tools they need to do their job on the road, freeing them from the need to work out of an office. But when it's time for a private consultation with a client or e-signing a batch of documents, even the most luxurious SUV is lacking somewhat in the atmosphere department. San Francisco-based Climb Real Estate Group has a solution to that problem -- a "second office" that's actually a gleaming aluminum Airstream trailer.

Prepare for new Medicare taxes in 2013
Real Estate

With President Obama's victory at the polls, it is now abundantly clear that Obamacare is here to stay. So far, we've experienced only the easy parts of the massive health care law, but starting in 2013, the hard parts will begin to take effect. In particular, two additional Medicare taxes will kick in. These tax increases will affect only high-income taxpayers: married couples with adjusted gross incomes over $250,000, and singles with AGIs over $200,000. This is a tiny percentage of the population -- only about 4 percent of all taxpayers earn more than $200,000. However, the one-third of taxpayers who itemize could be affected by the more restrictive limits on deducting medical expenses.

Zillow buying mortgage pricing engine
Real Estate

Real estate information marketplace Zillow Inc. says it has an agreement to acquire mortgage product and pricing engine Mortech Inc. that will accelerate the development of Zillow's Mortgage Marketplace. Zillow said the acquisition of Lincoln, Neb.-based Mortech for $12 million in cash and 150,000 shares of stock is expected to close by the end of the year, allowing it to deliver marketing and productivity solutions to mortgage professionals to help them manage their business, and convert more borrower contacts to funded loans. Consumers currently submit more than 1 million mortgage loan requests per month on the Zillow Mortgage Marketplace, the company said, receiving 25 customized quotes that are generated using automated pricing engine's like Mortech's. Consumers can compare mortgage quotes alongside more than 22,000 reviews of lenders.

Live in a Neutra-designed tripex in Hollywood Hills
Real Estate

A home redesigned by an acclaimed architect is a find in itself, but a home with works by two influential architects is much rarer. This Hollywood Hills home for sale is made of up three distinct units, one designed by architect Richard Neutra and another by Paul Hoag. The Rajagopal family bought the home in 1933. Owner Rosalind Rajagopal was in particular connected to the scene of architects, artists and celebrities in Los Angeles. A founding member of the Happy Valley School in Ojai, Rajagopal met Neutra early on in his career. She hired him to do an upper addition to the original Spanish-style 2-bedroom, 1-bath home in 1934.

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