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Christmas
Happy Holidays! Issue #128
December 24th, 2007

 

Everyone here at Greenstein, Rogoff, Olsen & Co. wants to wish you a Happy Holidays and New Year! May it be filled with joy and laughter. =)

in this issue...
  • GROCO Opens New Danville Office
  • 6 Tips to Consider When Faced With Foreclosure
  • §1031 Exchanges Combined with Seller Carryback Notes
  • Retire Your Mortgage Before You Retire

  •  
    6 Tips to Consider When Faced With Foreclosure

    If faced with Foreclosure most likely you want to know what to do, how to get help and if you can get out if it. Each situation is unique; to help those faced with foreclosure we've assembled a list of 6 tips on what you should do when faced with this nightmare.


     
    §1031 Exchanges Combined with Seller Carryback Notes

    Occasionally sellers are approached with the request they carry back an installment note to finance the purchase. Not a bad idea from a "big picture" perspective, but is it possible to include a carryback note in §1031 Exchanges, and how will it impact the process?


     
    Retire Your Mortgage Before You Retire

    An increasing number of baby-boomer homeowners seem to be resigning themselves to the fact that, unlike their parents, they will be making mortgage payments well into retirement. If you look at statistics, you can see where this anxiety comes from.


     

    IRS Circular 230 disclosure: To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this document is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter that is contained in this document.


     
    GROCO Opens New Danville Office
    Greenstein Rogoff Olsen & Co. ("GROCO") is pleased to announce the opening of a new office in Danville and the addition of Mary Kay Foss as its newest Director. Ms. Foss has practiced public accounting in the East Bay since 1981 and had offices in the San Ramon Valley since 1990. She will manage the operations of GROCO's new Danville office (located at 370 Diablo Rd., Suite 103, Danville, CA 94526).

    GROCO has seen tremendous growth of late, adding professional staff, appointing three new partners, and opening two new offices-all within the past year. The opening of the Danville office gives the firm a substantial presence in the most populous regions of the Bay Area. Headquartered in Fremont, GROCO also has offices in Palo Alto, San Francisco, and now Danville.

    Read On...
     


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