Hat tip to Bode for sending this in - squatter story on steroids near LeBron's house: Read the full artcile here: https://www.curbed.com/article/squatters-rights-california-beverly-hills-los-angeles.html Plus this, also sent by Bode: On a winter morning in Woodland...
The Natalie dance video collection is taking forever to upload! While we wait, let's cover the short-term rental policies in North County: Unpermitted short-term rental units have accounted for most of the reported code compliance violations throughout the North...
It's amazing he has gotten away with this for so long.... “It’s a wake-up call to the middle class,” a booming voice assures listeners during the intro to Grant Cardone’s weekly podcast, This Is Not Your Daddy’s Economy. For listeners, Cardone has become the...
San Diego renters can breathe a sigh of relief knowing they are a little bit more secure as the city’s new eviction moratorium is now in place for renters who are up-to-date on their rent payments and abiding by the terms of their leases. “San Diego cannot afford to...
The owner-occupiers are the crazy bidders, not the investors, so this will have no impact on the current frenzy: House flippers could be taxed 25 percent of their profit under the California Speculation Act, a bill introduced by Assemblymember Chris Ward, D-San Diego....
The UT has published two articles about the these goofy-looking condos in North Carlsbad that supporters are saying that they need to be saved, in spite of the new owners purchasing each individual condo separately and abiding by city zoning and planning: Excerpt from...
A primer on second homes vs rentals: Before buying a second home, it’s smart to know how owning a second property could impact your taxes. There are many second home tax benefits to consider, but they’ll vary based on how the IRS classifies the property — as a second...
There may be changes some day, but not now - and probably not any in the near future. Important news from Washington, DC this week indicates a positive outlook for 1031 exchanges to survive in their current form. The House of Representatives Ways and Means Committee...
Will this cause people to sell their rentals just because the rules are complicated? Probably not, but they won't have much patience for tenants who have been taking advantage of the system. From CAR: The statewide eviction moratorium under the COVID-19 Tenant Relief...
For those who might be thinking about my idea of renting your home for a year so you can defer the capital-gains tax when you exchange it for other(s), know that California is a tenant-friendly state. Just the denying of a tenant has potential consequences! We can...
