Entries by Michael Repka

Year in Review

The DeLeon Insight January 2017 Issue by Michael Repka, ESQ. There is no doubt that 2016 was a turbu­lent year for real estate in many prime parts of the Peninsula. The softening of the overheated market that we have experienced over the past few years, cou­pled with uncertainty associated with the unusually divisive presidential campaign […]

The DeLeon Team Expands Its International Marketing to the Indian Community

  The confluence of a vibrant economy, ideal climate, and intellectual capital draw people to Silicon Valley from around the world. This melding of cultures, ideas, and approaches only serves to intensify the appeal of this area. As the demographic profile of the area changes, so does the real estate market. These changes can be […]

Do You and Your Agent Know About FIRPTA?

One of the fortuitous things about running the listing side of the DeLeon Team is the exposure to the international real estate market. It is widely acknowledged that the DeLeon Team leads all Silicon Valley agents and teams in marketing to the international community. Our efforts in this arena have taken Ken DeLeon and me […]

DeLeon Realty’s Summer Splash

Buyers often say they would like to purchase a home over the summer and settle in before the new school year starts. Nevertheless, the majority of listings are brought onto the market during the two seasonal windows of spring and fall. In effect, the summer becomes a “dead time” in large part because of a self-fulfilling prophecy. Namely, Realtors® believe there will not be […]

Capital Gains and 1031 Exchanges

By Michael Repka, LL.M. (Taxation) DeLeon CEO/General Counsel “In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin Though cheating death is a fool’s game, strategically and legally avoiding taxes is a game for winners. While most Silicon Valley sellers inevitably accept the large tax bills they will […]

Real Property Tax Breaks under the Williamson Act

DeLeon Insight – January 1, 2016 Michael Repka Esq., DeLeon Realty CEO, LLM (Taxation) For most California homeowners, their annual property tax is based on one percent of the amount they paid for the property, and increased by up to two percent per year. Additionally, they pay for debt service on bonds issued to benefit the property, provided that this amount does not […]