California Rent Control
California’s Legislature Just Passed a Statewide Rent-Control Bill. Most Cities in California have voted rent control down, probably because they…
Apartment Building Investments
Real World Apartment Investing, Sewer Line Inspection.
When purchasing an apartment building, most investors I represent, will get a Sewer Inspection and for good reason. A sewer…
Pasadena’s Occupancy Inspection Faces Litigation:
In August, Attorney Meriem Hubbard, sent a letter to the Pasadena City Manager, City Attorney and Director of Planning challenging…
Selling in Baker CA, home of the Worlds Largest Thermometer
Selling in Baker CA (home of the World’s Largest Thermometer) is not easy, its hard to get loans, the lack…
Apartment, Apartment Building, ...
Accepted Offer, well kind of, it depends:
Accepted Offer, well kind of, depending on things and the seller! Just because an offer is accepted, does not mean that…
Apartment, Apartment Building, ...
Example of a 1031 Exchange
Assuming an investors equity is $400,000 after selling a duplex. Assuming his tax liability is approximately $140,000 (after depreciation recapture,…
Time Requirements for a 1031 Exchange
The time requirements for a 1031 exchange from closing of escrow on the sale of the property selling, a taxpayer…
What is a Partial Exchange?
What is a Partial Exchange? In a partial exchange, you will defer some capital gain taxes and also pay taxes…
Apartment, Apartment Building, ...
What is Boot in a 1031 Exchange?
Boot is any non like-kind property received by the exchanger (seller) and is taxable to the extent there is capital…
