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Updated about 4 years ago,
CPA Needed In San Francisco Bay Area
Hi I'm currently working on doing a Reverse 1031 from a single person into a partnership and it's a 5 unit in SF CA with the tenants paying 1/3 of market rent. Do we have to use a TIC? I want it to be a owner occupied, can I evict the lowest paying tenant? They've been there since 1995! Can I raise the rents and if so how much?
Any advice?