All agents are NOT alike! Find out why we are top real estate experts. Call us: 310-899-3527.

Find Out About the Latest Homes for Sale First!
We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >

"You delivered everything you promised..."
"If only we could clone Pence Hathorn Silver and use you in all aspects of our lives. Thank you again for caring so much about our sale..."
-Dr. Joe Lennon, former Westside residents
Read Quote >
View All Quotes >

Compare three mortgages at one time. Download TripleCalc now. It's free.

Find Out More >
Download Now >

California Moves
Search for more than 300,000 properties in California.
Find Out More >
View All Affiliates >

Welcome > Find Homes > Search All Homes > Unique & Luxury Homes ...

	LuxuryRealEstate.com
	PremierPropertiesOnly.com "Only Our Site Will Show You The Most Premier Properties Available."
	UniqueHomes.com "The Magazine Of Luxury Real Estate."

Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!

It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced.

The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more.

Remember: As top Santa Monica, Pacific Palisades and Brentwood area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information!

School Reports in Santa Monica, Pacific Palisades and Brentwood, California

"A model of how the Internet can facilitate the process of deciding where to send your children to school"
- America's Best School Profiles by
The Heritage Foundation

California Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

Schools in Santa Monica, Pacific Palisades and Brentwood

Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

	See All Tips In The "Tax Considerations" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Q	What famous American sign was originally erected as a real estate ad?
A	The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland."
See More Real Estate Trivia >

Pence Hathorn Silver, REALTOR®, real estate agents and broker for Santa Monica, Pacific Palisades and Brentwood, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Charles Pence,John Hathorn,Loraine & Brett Silver
Coldwell Banker Pence Hathorn Silver
1531 Montana Ave
Santa Monica, CA 90403
310-899-3527
Fax: 310-458-5901
jh@phsrealty.com
Charles Pence, John Hathorn, Loraine Silver and Brett Silver have served the Westside for over 30 years and have over 60 years of combined experience. They are in the Top 1% of all real estate agents nationwide garnering various Coldwell Banker awards such as the Top 100, International Presidents’ Elite and Society of Excellence awards. To date, they have represented, brokered or handled transactions in excess of $2.6 billion since 1978.

Charles Pence-Lic. #00670728 John Hathorn-Lic. #00960182 Loraine Silver-Lic. #00800114 Brett Silver- Lic. #01193551

www.PHSRealty.com is brought to you by Pence Hathorn Silver
NUMBER1EXPERT™ in real estate for Santa Monica, Pacific Palisades and Brentwood, California, luxury properties

Read Pence Hathorn Silver's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge