We know this will be a familiar face for many of you! We recently sat down with Dr. David R. Boschken, D.M.D. of Los Altos Orthodontics regarding the recent purchase of a facility in downtown Los Altos for his orthodontic practice. David discusses his thinking behind this investment and the revitalization of downtown Los Altos.
Rick interviews Dennis Young (CPA) of Young, Craig & Co., LLP regarding the guidelines and process under which one may be able transfer the property tax basis from their personal residence to a new residence following the sale of their home. As an alternative, Dennis explains a strategy for utilizing the proceeds of the sale of a personal residence in purchasing an investment property and the tax implications.
* Licensed as Victor Richard Bell lll