Join real estate attorney, broker, and REALTOR® Devin Lucas for a fast-paced, practical deep dive into today’s most important real estate tax strategies. Whether you are a seller or trustee, or work with trustees, investors, or families planning wealth transfers, this session delivers actionable insights from the legal and tax front lines. Join us for this comprehensive presentation. As one attendee put it, "I feel like I just got hit with a firehose."

Topics Covered:
• Gifts of real estate and gifts of equity
• Selling to children below market value
• Capital Gains
• IRS Section 121 exclusion and step-up in basis
• 1031 exchanges, DSTs, and OZs
• 1031 conversion of primary residence
• Installment sales and structured deferrals
• Bonus depreciation, real estate professional status, and more
• Proposition 19: inheritance tax traps, portability, and LLC workarounds
• Current insights into the "big beautiful bill" and its impact on real estate

Learn strategies to reduce capital gains, avoid reassessment, and plan for wealth transfer.

Prefer video? Watch the full session on YouTube: https://youtu.be/oFhgvDUkZhc
Presented to the Orange County Bar Association | May 2025
Hosted by Devin R. Lucas | lucas-real-estate.com

This podcast is for educational purposes only and does not constitute legal or tax advice.

Lucas Real Estate, A Professional Corporation
Real Estate Law | Real Estate Transactions | REALTORS®
2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023
O. 949.478.1623
info@lucas-real-estate.com
lucas-real-estate.com

Join Real Estate Attorney, Real Estate Mediator and Real Estate Broker, Devin Lucas, discuss Real Estate Mediations and Compliance with the requirement for pre-litigation mediation under the California Association of REALTORS® Residential Purchase Agreement ("RPA").

This is a LOT of information, normally an hour-long in-person presentation (even then, too short) into under 18 minutes.....

We discuss
1) What is Mediation
2) Requirement for Mediation
3) Who attends the Mediation
4) Is an attorney required for Mediation
5) Where to find a Mediator
6) Costs for Mediation
7) How to comply with the requirement for Mediation
8) What if the other party does not respond or is being difficult in selection of a Mediator or scheduling?
9) Attending the Mediation / process

Visit our website for additional information on Real Estate Mediations

https://lucas-real-estate.com/mediation

Lucas Real Estate, A Professional Corporation
Real Estate Law | Real Estate Transactions | REALTORS®
2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023
O. 949.478.1623
info@lucas-real-estate.com
lucas-real-estate.com

📢 Landlords, are you prepared for California’s price gouging laws during emergencies? 🏠🔥

CRITICAL UPDATE – As with many laws, this topic is evolving. On February 4, 2025, Governor Gavin Newsom issued Executive Order N-17-25, which modifies California’s price gouging protections and changes two key topics in the article below: 1) “Housing” now applies to leases of ANY duration, not just under 12-months; and 2) various zip codes are now exempt from the HUD calculations. Read our updated article here: https://lucas-real-estate.com/february-2025-executive-order-on-price-gouging/ (article on updates to price gouging laws) and ensure to consult with legal counsel before proceeding on any aspect as these laws continue to evolve and additional aspects that continue to change over time may not be updated on this blog.

This video was recorded as part of a presentation given by Devin Lucas on January 29, 2025, to a group of realtors. The session provides a detailed review of price gouging protections and how they apply to rental housing in Orange County, including analysis, real-world examples, and expert tips. The video also features an engaging Q&A session covering common landlord concerns.

💡 We Cover:
✔️ What types of housing this law applies to (short-term vs. long-term rentals)
✔️ How rental price limits are calculated
✔️ The difference between county-wide FMRs and ZIP-code-specific Small Area FMRs (SAFMRs)
✔️ Real-world examples from Newport Beach & Costa Mesa
✔️ When the 160% HUD rule applies
✔️ Expert Q&A session with practical insights for landlords and property managers

If you’re a property owner, property manager, or real estate investor, this video is a must-watch to stay compliant with California’s strict rental laws during emergencies.

Lucas Real Estate, A Professional Corporation
Real Estate Law | Real Estate Transactions | REALTORS®
2901 West Coast Highway Suite 200
Newport Beach | California | 92663-4023
O. 949.478.1623
info@lucas-real-estate.com
lucas-real-estate.com