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Tax, SDIRAs & Cost Segregation

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David F.
  • San Diego, CA
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Lot Line Adjustment Involving Home Across Two Parcels

David F.
  • San Diego, CA
Posted Feb 9 2019, 03:47

I've gone under contract for a home that sits across 2 adjacent parcels in San Diego County.  My intent is to perform a lot line adjustment, sell the resulting parcel that has the existing house and build on the resulting vacant parcel.

However I've been told the following:

"If so, that will be a critical issue to clean up to preserve the two legal lots. Usually, building across a lot line effectively merges those two lots.'

I was just wondering if anyone had any experience in the matter or input as to whether this is the case.

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