Real Estate in Torrance - Search homes for sale in Torrance CA > Articles by: Keith Kyle

Author: Keith Kyle

Keith Kyle is a top real estate agent in the South Bay and focuses on the cities of Torrance, Redondo Beach, and Manhattan Beach. Helping both buyers and sellers Keith is a local expert in the Torrance market with South Bay Brokers and has been one of the top agents in the area since 2007.
Coins in tabular chart

California 2018 Tax Reforms – Specific Changes That Affect Real Estate

Here’s a helpful chart to see how the changes in the tax policy impacts Torrance and all California property owners.

PREVIOUS LAW 2018 LAW
MORTGAGE INTEREST DEDUCTION Capped at $1M Capped at $750,000
STATE AND LOCAL TAX DEDUCTION Unlimited Deduction capped at $10,000 (income, sales and property combined)
CAPITAL GAINS EXEMPTION ON SALE OF PRIMARY RESIDENCE Exclusion of up to $250,000 ($500,000 if married) of gain realized on sale or exchange of principal residence if lived in
for 2 of the last 5 years		 No change
1031 LIKE-KIND EXCHANGES Applied to all classes of property (e.g. personal and real) Limits non-recognition of gain to real
property
PERSONAL DEDUCTION Allowed Eliminated
STANDARD DEDUCTION $6,350 individual and $12,7000 if married $12,000 individual and $24,000 if married
MID FOR SECOND HOMES Capped at $750,000
HOME EQUITY LOAN DEDUCTION Capped at $100,000 Not deductible unless the proceeds are used to substantially improve the property
MOVING EXPENSE EXCLUSION AND DEDUCTION Incurred in connection with change in work place Eliminated except for members of armed forces on active duty that move pursuant to military orders
CHILD TAX CREDIT $1,000 for each child $2,000 for each child
DEDUCTION FOR QUALIFIED BUSINESS INCOME OF PASS-THROUGH ENTITIES INCLUDING INDEPENDENT CONTRACTORS None 20% deduction of taxable income phased out above $157,000 ($315,000 if married) for brokerage services
DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (RESIDENTIAL RENTAL) Recover period is 27.5 years No change
DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (NONRESIDENTIAL) Recover period is 39 years No change
DEPRECIATION RECOVER PERIOD FOR REAL PROPERTY (LEASEHOLD IMPROVEMENTS) Recover period is 15 years No change
in Buyers, Torrance Real Estate Posted by Keith Kyle
Luxury living rooms in Torrance.

The Do’s and Don’t Of Home Staging in Torrance

Home staging is an important part of the preparation process when selling a house.  Whether fully staging the home using a professional stager, or simply de-cluttering and adding something to the owners current furniture, staging can make the difference between a home selling quickly and sitting on the market.  Here are a few pointers to help prepare your Torrance home for sale.  If you have given any thought to selling your home in Torrance or the South Bay, we can help.  Contact us for information on how we sell homes or find the value of your home in Torrance CA.

 

in Sellers, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle
1108 Harper Redondo Beach

1108 Harper Redondo Beach – Just Listed in the Golden Hills of North Redondo

**Update**This is an older post and this home sold in 2018 and is no longer or sale.  Click here to see the current homes for sale in the Golden Hills neighborhood of north Redondo Beach.

1108 Harper, Redondo Beach CA 902781108 Harper Redondo Beach

Extra high living room windows with western exposure bathes the large living room in natural light. The main level features solid hickory,

distressed hardwood floors, gas fireplace, recessed lights, & gourmet kitchen with granite counters, stainless appliances, 6 burner stove, & ample cabinet and counter space. The open floorplan and high ceilings adds to the sense of space and light. The spacious master suite offers a corner fireplace, private balcony, large windows, walk in closets and the luxurious bath features a spa tub, separate shower, dual sinks & more. First floor offers 2 large bedrooms and direct access to the private and tranquil backyard patio. What make the home truly unique is the very large 3rd floor mezzanine perfect for a playroom, office, den & more. Off of the mezzanine sits a private roof deck perfect for evening sunsets with panoramic city views. At almost 2200 feet this home offers far more space than your traditional Golden Hills home and is awaiting it’s new owner to make it their own.  Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or a private tour.

This is not your typical Golden Hills home. Offering a unique and open layout with soaring ceilings, 3rd floor mezzanine/office overlooking the living room & private roof deck with panoramic city and mountain views, this beautiful home has features rarely seen in Redondo. Located in the highly sought after Jefferson elementary district and just steps from Hermosa Beach, 1108 Harper offers an open layout with all of the bells and whistles of newer construction.

  • Priced at $1,399,000
  • 2,160 Square Feet
  • Built in 2010
  • 3 Bed + Office, 3 Bath
  • Rooftop deck, master bedroom balcony, private backyard patio

1108 Harper, Redondo Beach CA 90278 1108 Harper, Redondo Beach CA 90278 1108 Harper, Redondo Beach CA 90278 1108 Harper, Redondo Beach CA 90278

in Homes for Sale, Luxury Homes, Redondo Beach Posted by Keith Kyle
Torrance homes for sale - 172nd St

In Escrow In One Week! 4171 w 172nd St in North Torrance

4171 w 172nd Street, Torrance CA 90504 – Priced at $735,000Torrance homes for sale - 172nd St

**update – this home has sold

This home boasts many impressive features, including a large open living and dining room with recessed lighting, hardwood floors, and sliders to the backyard and patio. The remodeled and spacious kitchen offers new granite counters, stainless steel appliances, ample cabinet space, roomy pantry, in kitchen breakfast area and opens to the living/dining areas. Two bright and beauitiful bedrooms sit off the front side of the home and share a beautifully remodeled full bathroom. The master bedroom addition is a spacious retreat with sliding doors to the backyard and private patio. The master suite offers walk-in closets, recessed lighting, a large master bath with tiled flooring, a beautiful shower and dual sinks. Enjoy the great year round weather in the landscaped grass back yard filled with flowers, fruit trees, and is ready for entertaining in the spacious patio area.   See additional homes for sale in North Torrance

  • 3 bedrooms, 2 bathrooms
  • 1,375 square feet
  • remodeled throughout
  • Grassy front and rear yards

The property located in a great neighborhood of Torrance with easy access to shopping, dining, freeways, the beach and a short distance to the South Bay Galleria.

Welcome home! This home is as charming on the inside as it is on the outside. From the wonderful curb appeal and the great location, to the upgrades and enhancements, it has it all. Drive up the tree lined street and pull up to a beautifully landscaped front yard and shaded front porch in a friendly neighborhood atmosphere. From the moment you enter you’ll notice the open and bright interior with a flexible floorplan to fit every lifestyle.   For more information call/text us at 310.251.2344 or email at keith@keithkylehomes.com. We would be happy to set up a tour of the home.

 

in Homes for Sale, Listing Agents, Real Estate Market Posted by Keith Kyle