A.D. CANTELMO REALTY/TONY CANTELMO
BROKER
TONY CANTELMO

    A.D. Cantelmo Property Management Our Business is Property Management in Orange County California

 

 

How Taxing Rental Property Owners Kills Jobs!

 

    We always hear from Politicians about how they are going to create jobs and stimulate the economy, but in reality, what they end up doing is destroying the income of people by tax policy. Let’s look at how many people are affected by taxing Rental Property Owners when they sell their investment property (not doing a 1031 exchange).

 

When you sell your primary residence, you get a $500,000 tax exemption if you are married and a $250,000 tax exemption if you are single, but if you sell your rental property, you are taxed on any gain or profit you earn and in many cases it is enough to dissuade Rental Property Owners from selling. In my business of Property Management in Anaheim Ca. I wonder how many jobs are impacted when a property is not sold. First there are the people in my industry, the Realtors. If there is no sale, there is no income for the Realtor usually 2 Realtors on a sale. (Many of you may have no sympathy). The Escrow officer, The Title Rep and Title Officer, The Mortgage Broker, the Loan officer, the Appraiser, the Home Warranty Rep. and Insurance Agent. People in the construction industry. Repair people, Carpet installers, Carpet sales people, Painters. Home inspector. Cleaning people. People in the Moving industry. Sales people, Moving people out, and moving people in. Termite industry. Termite inspector, People who tent the house or do other treatments. New home owner may need new Furniture, Furniture sales person and delivery people.  Remember this scenario is repeated thousands of times per year all over the Country.

 

How much income is lost due to these policies?  I know that many people feel that those rich Rental Property Owners must be punished through tax policy, but the reality is, even if you feel that way, if a Rental Property Owner does not sell, due to taxes they still have the property and collect rents. What about all those people who will not get paid, and that does not even take in consideration what the Rental Property Owner would do with the money they make off the sale. They may buy a new car, or take a vacation, or give money to charity. All those activities also create income for others. So the question is, who is really getting punished?  If you have any questions, Call Tony 714-313-7413

 

  A.D. Cantelmo Property Management Specializes in Property Management in Orange County Ca.

 

Tenant/ Property Service
 
Marketing Property
We market your property on all the major Real Estate websites, including Zillow, Trulia, Realtor.com, and the Multiple Listing Service

Showing your Property
We make sure your Property is shown to all Qualified, interested parties. We never allow Unchaperoned shwings

Screening Tenants
We have a detailed tenant screening process. We run Credit, Criminal and Eviction checks. we check rental history, and use our more then 10 years of Property Management experience to place the Best Tenant possible in your Property

Open 7 Days a week

Contact Tony
714-313-7413
If you have hours that do not coincide with normal business hours, No Problem.


 

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Realtor Equal Housing Opportunity Multiple Listing Service
 

What my clients are saying  

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

5 reviews 5.0 star rating 1/21/2016 I was tired of using a large management team to manage my investment property. I felt I was always on the back burner. I was recommended to Tony from a business associate, he assured me I would be very pleased. Well that was an understatement, Tony is amazing. He's above all honest and always available for my concerns. I'm not as well versed as other investors with property management and maintenance and tenant relations, Tony has been an excellent partner and has guided me through quite a bit of needed repairs and worked far beyond what was expected to help turn my little investment into quite a prosperous investment, If what your looking for is prompt return calls, honest direction and someone very knowledgeable with general contractors and real estate laws, Tony is your man. Angela

 

~ Angela

"10 out of 10 I am so Happy Since I left my old company and I joined AD Cantelmo Property Co I am stress free I live in a different state and this company watches my house and always Mr Tony Cantelmo is on top of things I really want to thank you for what you do for me and I would really Recomend this Company to any and every one Thank You again. Shawn" ------------------- "I need to trust the people I work with and I trust Tony. He stays on tops of things, communicates well, and gets things done. He not only gets things done but he gets things done the right way. Jim"

 

~ Shawn

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