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www.TheValleyBusinessJournal.com THE VALLEY BUSINESS JOURNAL 12 May 2018
May 2018 THE VALLEY BUSINESS JOURNAL www.TheValleyBusinessJournal.com 13 KEN CALVERT ENDORSED BY AMERICA’S LEADING SMALL BUSINESS ORGANIZATION Last month, the National Federation of Independent Business (NFIB) announced it endorsed Ken Calvert’s re-election to represent California’s 42nd Congressional District in the House of Representatives. NFIB is the nation’s leading small business advocacy organization. “It is an honor to receive the support of American job creators who are the backbone of our economy,” said Calvert. “I proudly delivered on my promise to support long overdue tax reform that gives our small businesses and taxpayers much needed relief. I will continue to work with our entrepreneurs to enact solutions that allow them to succeed and grow.” In announcing its endorsement, the NFIB indicated Congressman Calvert’s re-election is critical to the small businesses in the 42nd Congressional District, and they look forward to continue working with him on important issues. Specifically, NFIB is focused on issues important to small businesses, including health care, regulations and taxes. “As a former small business owner, I know what it’s like to sign the front of a paycheck and how much those paychecks mean to hardworking families,” added Calvert. “I will continue to support policies that create jobs and grow wages.” Congressman Calvert is a former small business owner from Corona currently serving as a senior member of the House Appropriations Committee. Prior to Congress, Ken was a successful businessman in restaurants and commercial brokerage and development. “I supported tax cuts because you deserve to keep more of your hardearned money. I also voted to eliminate job killing red-tape so American businesses can better compete in the global economy,” said Calvert. “These votes resulted in bonuses, higher wages, and investments to expand small businesses. “ Calvert’s legislative work has received top ratings from the Americans for Tax Reform, U.S. Chamber of Commerce, League of Private Property Voters, National Federation of Independent Businesses, 60 Plus Association, Small Business Survival Committee and Citizens for a Sound Economy. Liberty Real Estate Services – Property Management and 1031 Exchange Accommodator Hi, I’m Scott Chappell. In my decades in real estate, I’ve heard all sorts of stories. Many of them cause me to shake my head. Not too long ago I was speaking with a woman who owned rental properties. She was also a lender, so she was in the real estate industry. When I asked her if she was working with a property manager, she answered, “No, $100 a month is too expensive! I can take care of it myself.” A few months later, I learned her tenants had trashed one of her rentals. Another had also been damaged badly. As a result, she had to do a total rehab on both properties at a cost of about $15,000 each. Not only that, she went without the rental income from both for a full six months. In all it cost her approximately $55,000. The saying penny wise, pound-foolish comes to mind when I hear something like this. Her huge loss could have been avoided completely with a small monthly fee. An experienced property manager can actually make you money. I also spoke with a woman, someone I considered to be real estate savvy, who sold a property and made substantial capital gains on the sale. She wound up paying $75,000 in capital gains tax. Had she hired an expert 1031 Exchange Accommodator, most, if not all of those taxes could have been deferred or eliminated. What you don’t know can hurt you. Not only can I help if you need a property manager or 1031 Exchange Accommodator, my team and I can help you when you’re in the market to buy or sell real estate. Call me at (951) 313-4350 or email scottlouischappell@gmail.com. Visit our website amazingtemeculavalleyhomes.com “ As a result, she had to do a total rehab on both properties at a cost of about $15,000 each. Not only that, she went without the rental income from both for a full six months. In all it cost her approximately $55,000.
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May 2018 Online

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