Updated about 9 years ago on . Most recent reply
May need to become a Landlord...
Hello to all,
I'm currently an owner/occupant, but issue have come up that may force me to leave California for some time. I have been in my house for 1 year this month (Aug. 2016).
I have tried use the calculators on here, to see if I could make this property attractive to anyone, while still at the very least breaking even. The numbers just did not come out. Thus this post.
As a landlord, I will gain the ability to depreciate the property. I would like to gain insight of real property depreciation. I'm in Lancaster California, so I would love to hear from landlords in the state, as well as LA County.
Thank you all for your time,
Greg