Transactions for the week of Feb. 12

Los Altos

852 Carmel Avenue, Chang Trust to D. & A. Bhashyam for $3,125,000

675 Jay Street, 663 Jay Street LLC to M. & J. Shen for $5,080,000

Franchise Tax Board details state filing changes

Tax season is in full swing at the Franchise Tax Board, and officials want to alert taxpayers to changes for this year and urge them to take advantage of online services to file taxes and secure their refunds as quickly as possible.

Lime to explore comeback in local cities pending regulations

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Courtesy of Lime
Lime is looking to return to the Mountain View-area market. The Bay Area electric bike and scooter rental startup pulled out of several cities across the area last summer.

Lime, the Bay Area electric bike and scooter rental startup, has reduced the number of cities it serves in an effort to prioritize profitability, but the company is keen to return to the Mountain View-area market.

Los Altos-based RedMarlin goes ‘phishing’ for fake websites

Every second, millions of online shoppers click on too-good-to-be-true ads for such deals as deeply discounted iPhones, Tesla giveaways and free Audible subscriptions. The number of these “phishing” schemes – which lure consumers to fraudulent websites posing as legitimate ones to steal customer data – increased by 1.5 million from 2018 to 2019.

Business Matters: Anyone can soon invest in commercial properties to build wealth

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Courtesy of Rettex
Rettex is led by Chris Moris, left, and John Bradley.

Over the past few decades since the 1970s, it has been increasingly challenging in the Bay Area for average Americans to save enough money to buy a home. For most Americans, home purchase is one of the largest equity investments they can make, and barriers to ownership can hurt their ability to build long-term wealth.

Transactions for the week of Feb. 5

Los Altos

400 Orange Avenue, Larson Trust to Z. & P. Zhao for $3,100,000

540 Pine Lane, Haidt Family Trust to M. & R. Dairiki for $3,825,000

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