We've completed many regular and reverse 1031 exchanges, and it is critical to follow the IRS rules when identifying the replacement properties. For a successful 1031 exchange, it is important to understand and comply with the 1031 exchange identification rules. ...
Speaking of the joys of being a landlord, here is the C.A.R. summary of how to handle the security deposit: California law allows a property owner/landlord/property manager (housing provider) to collect from a residential tenant a security deposit before the tenant...
NEW YORK, July 29 (Reuters) – Beset by COVID-19 and its fallout, local landlords are offloading their properties to cash-rich institutional investors, and America’s real-estate market may never be the same. Before the pandemic, boyhood friends Michael Murano and...
A few ways to generate some extra dough with your home. Seen in the lat: You can earn semi-passive income by renting out all or part of your personal residence. Let’s say you list your house to rent while you take a two-week vacation. If you list on Airbnb or VRBO,...
Investors - check out our new listing of a 12-unit apartment complex with a 4.5 cap!
Here's a local sample of the new whiz-bang partial ownership craze. The spec builder tried to sell this for three years before taking this $8.25M cash deal. The same seller/Compass agent has the listing now, on behalf of the new owners: ABOUT THIS HOME This is...
The fight between the NIMBYs and AirBnb/VRBO/Pacaso homes is only beginning..... Pattie Dullea stepped out one morning last month in Napa, Calif., to have a word with the young man who pulled up in an antique sports car to tour the home across the street. “You might...
While these purchases will only be a sliver of the five million homes sold every year, they could add up over decades and help to keep the supply of homes for sale somewhat limited. New funding: Seattle startup Arrived Homes raised $10 million in equity and $27...
The majestic home had it all — five bedrooms, four bathrooms, a three-car garage and a spacious basement in a beautiful neighborhood in Colorado Springs. If the single-family house sounds too good to be true, stepping inside the property shows prospective buyers a...
Here's a snapshot from C.A.R. of the current rules with tenants and landlords: More can be found at the state's website here: https://housing.ca.gov/
