11 June 2020 | 12 replies
Best off to talk with a CPA and see how it applies to you.

9 June 2020 | 0 replies
As a result, we had to apply for a new gas line separately.

9 June 2020 | 1 reply
As a result, we had to apply for a new gas line separately.

11 June 2020 | 4 replies
Maybe you have a massive income, and this does not apply but the average investor I meet needs this income to qualify for property 5 and above.
10 June 2020 | 6 replies
As a general rule, if you do work to improve the building it increases the assessed value.But the amount could be negligible in the end and there could be a delay of a year or more until it affects the assessment/taxes.For example, if the assessed value increased by $10,000, taking into account the 40% discount on assessed value for owner occupants and applying the tax rate of 24.56, would only result in $147 more tax per year.

10 June 2020 | 0 replies
As you will see in the lesson learned section, this was a deal where we made a lot of mistakes but we applied those lessons to all our next properties and have since not repeated them.

27 June 2020 | 3 replies
You can only apply and receive the tax abatement with permitted work.

17 June 2021 | 13 replies
San Bernardino County will only issue one STR permit per single-family home per parcel so you would need to subdivide the parcel and build an SFR on each parcel and apply to get STR permits for each home, separately.

10 June 2020 | 1 reply
They don't apply for unemployment, they don't reach out to non-profit groups that provide rent assistance.

10 June 2020 | 1 reply
The program applied from March through May and has been fully spent.