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Author: EUGENE VOLLUCCI
Company: Calstate Companies
Region: USA
Website: calstatecompanies.com
Memorable Quote 1: Risk Without Wealth is an Oxymoron
Memorable Quote 2: Appreciation, not Cash Flow, is the Real Road to Wealth
Author Comment / Biography:
EUGENE E. VOLLUCCI is the founder of Cal State Companies, a leading multifamily research and investment firm. He is considered to be one of the foremost authorities on real estate taxation and investing.
Mr. Vollucci has more than thirty-five years of experience as an IRS-enrolled agent with the Treasury Department and is an active real estate broker. He has personally prepared thousands of tax returns and his organization has bought, sold and managed over 10,000 apartment units.
His affiliations include the National Association of Realtors, the Society of Enrolled Agents, the National Association of Accountants, and he is a Life Credentialed Teacher with the State of California.
http://www.calstatecompanies.com
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| Articles by EUGENE VOLLUCCI |
11. Which Real Estate Investment Is Best For You?
June 15, 2017
Palos Verdes, CA. Years ago, I discovered that residential rental real estate is the best investment to control risk and create wealth. The Real Estate Digest reports that seven out of ten millionaires made their money in real estate, and Forbes magazine states that there is a three times greater c...
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12. How People Become Wealthy
May 19, 2017
DISCOVER LIFE’S THREE INVESTMENT PERIODS
Palos Verdes, CA. Our investment philosophy is based on an individual’s chronological time line, which consists of three periods: (1) asset accumulation, (2) wealth building, and (3) asset conservation.
The financial journey throug...
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13. How Trump Negotiates Real Estate
March 21, 2017
Palos Verdes, CA. When I first started buying and selling rental income property, I put an offer in on a building. I had my appointment set at 1:00 PM and I had to wait until 3:00 before the seller would see me. So, I sat in the office for nearly two hours anxious to present my offer. When I f...
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14. Just Released Third Quarter 2016 Leading Rental Income Markets
October 10, 2016
Palos Verdes, CA. The Center for Real Estate Studies (CRES) has just released their third quarter 2016 issue of “Market Cycles". It gives a forward look at more than 150 income rental markets with “buy and sell” recommendations. This publication gives the real estate investor a two-year head start ...
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15. The Real Estate Market And The New President
October 01, 2016
Palos Verdes, CA. This year has been very eventful for real estate investors. The real estate markets have been driven by various economic growth concerns. What is the new president going to do? How will the real estate market be affected by the new presidency? One of the few sectors that surpris...
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16. How Do You Put a Small Group Of Investors Together Inexpensively?
September 06, 2016
I recommend purchasing midsize rentals. Buying them usually requires a little more money than investing in single-family homes. If additional capital is needed, consider forming a small group of active investors. There are various entities available to group or gather investors. Some of the...
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17. Will the UK Cause a US Recession?
August 01, 2016
Palos Verdes, CA. When a majority of the UK population decided to leave the European Union (EU), their decision unleashed uncertainty on real estate markets and revealed the perplexity on both sides of the Channel about how to deal with this problem.
No doubt, real estate has started to re-p...
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18. How Will Raising Minimum Wages Affect Rentals?
June 06, 2016
Palos Verdes, CA. With many states increasing the minimum wage, a demand for labor plays an important part to real estate investors. Why is this so important for these investors?
Consider the following scenarios: Let us assume that the labor share and the profit margins remain constant at c...
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19. How Did Trump Make Himself Judgment Proof?
May 02, 2016
Palos Verdes, CA. Since 2000, Trump has been sued 72 times in federal court, in cases both serious and frivolous. The 72 cases count only federal lawsuits against Trump himself, not those filed against his companies. Trump and his companies have either sued or been sued at least 1,300 times since...
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20. Does Trump Really Pay Income Taxes?
March 09, 2016
Palos Verdes, CA. Recently, Trump was asked to make his tax returns public. However, he refused because he said that he was under audit. When the audit is complete, he says he will release them. I believe there are two major strategies used on his tax returns that make him reluctant to release t...
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