Santa Barbara Professional Services

Built-in Gain Tax Liability - Defend Yourselves!

Built-in Gain Tax Liability - Defend Yourselves!
By Premier Professionals on Jul 03, 2017 at 09:15 PM in Santa Barbara Professional Services

Estate of Richmond v. Commissioner Rebutted
by JAMES LISI, CVA MBA
July 2017

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Using the Option Pricing Method Changes the Standard of Value. Does the IRS, or Anyone, Care?

Using the Option Pricing Method Changes the Standard of Value.  Does the IRS, or Anyone, Care?
By Premier Professionals on May 01, 2017 at 07:05 PM in Santa Barbara Professional Services

Part one of this article presented the Ďcurrent methodí and Ďoption pricing methodí (OPM) for allocating value to common stock for 409a valuations, and how these two methods differ in pricing of common stock. Part two examines the implied changes made by OPM and how it affects stakeholders. We start with a brief review of the key impacts on the valuation problem.

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Update Brief on 2704 Proposed Regulation by Jim Lisi

Update Brief on 2704 Proposed Regulation by Jim Lisi
By Premier Professionals on Jan 04, 2017 at 06:45 PM in Santa Barbara Professional Services

On December 1, 2016 the U.S. Treasury and Internal Revenue Service held hearings on proposed regulations changes to Section 2704 of the tax code. They received 28,000 written comments, all opposed with a few exceptions. Thirty-seven speakers testified, and thirty-six requested full withdrawal of the proposed regulations.

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Buy or Rent Real Estate for Your Santa Barbara Business?

Buy or Rent Real Estate for Your Santa Barbara Business?
By Premier Professionals on Apr 13, 2016 at 04:54 PM in Santa Barbara Professional Services

Most Santa Barbara business owners and entrepreneurs have asked themselves whether they should (or could) buy the real estate used for their business. There are valid reasons to do each: renting may be the better solution if you are just starting out, or you need or prefer the flexibility allowed by leasing or you lack the cash down payment or credit required to purchase.

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Does Clicking on your Google Local Listing improve your Ranking? - YES

Does Clicking on your Google Local Listing improve your Ranking? - YES
By Premier Professionals on Apr 06, 2016 at 08:56 PM in Santa Barbara Professional Services

Google Employee Wrote, "Search history: In the past how many times has the listing been clicked on by users searching with the keyword."

There are 4 top critieria Google improves your Google Local, Google+ and Google Maps ranking...

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Santa Barbara Commercial Real Estate Loans - Looming Liquidity Crunch for CMBS Loans

Santa Barbara Commercial Real Estate Loans - Looming Liquidity Crunch for CMBS Loans
By Premier Professionals on Apr 06, 2016 at 08:41 PM in Santa Barbara Professional Services

Do you have a commercial real estate loan in Santa Barbara coming due in 2016 or 2017? If so, you should start your planning early, especially if you currently have a CMBS loan and are thinking you will be able to go back to the CMBS market. If you havenít heard, the CMBS loan market has been in turmoil recently, with widening spreads, dwindling lenders and less competitive terms.

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Santa Barbara SBA Loans - More Flexible Than You Think

Santa Barbara SBA Loans - More Flexible Than You Think
By Premier Professionals on Feb 25, 2016 at 07:22 AM in Santa Barbara Professional Services

Santa Barbara SBA LOANS. BET YOUíVE HEARD OF THEM. Most likely, itís the 7(a) Loan Program. Th atís the governmentís Small Business Administrationís (SBA) most common loan program.

Itís a general small business loan that can be used to pay for such things as operational expenses, accounts payable, building construction or real estate, new equipment, refinancing old debt, purchase an existing business, or start a business.

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Low Rate Commercial Real Estate Loans are a Reality

Low Rate Commercial Real Estate Loans are a Reality
By Premier Professionals on Feb 03, 2016 at 07:11 PM in Santa Barbara Professional Services

by Annette Jorgensen
Vice President/Business Development Office
American Riviera Bank

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American Riviera Bank Completes Merger With Bank of Santa Barbara

American Riviera Bank Completes Merger With Bank of Santa Barbara
By Premier Professionals on Jan 27, 2016 at 06:52 PM in Santa Barbara Professional Services

Jeff DeVine and Joanne Funari have finished consolidating their two community banks in a merger that now goes by the American Riviera Bank name. DeVine will remain CEO as Funari, former interim CEO and COO at the Bank of Santa Barbara, will stay on as COO. Gina Potthoff / Noozhawk photo

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Business Exit Strategies - by Mike Bieza Heritage Oaks Bank

Business Exit Strategies - by Mike Bieza Heritage Oaks Bank
By Premier Professionals on May 22, 2015 at 09:31 AM in Santa Barbara Professional Services

The purpose of this paper is to provide an overview of some commonly used strategies for business owners to consider when they decide to exit their privately held business.

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