Did you have taxable income that could’ve been reduced utilizing tax strategies?

Turns out the theory was right, but the decline has been even steeper.You might be able to predict whether a future market will be better or worse than the current one, but predicting how much worse or better is nearly impossible.And don't even get me started on how sponsors could be manipulating purchase cap rate, whether intentionally or unintentionally, by reporting pro-forma caps, non tax-adjusted NOI, and so on. 

If anything it just means that initial newbie tax / buffer is going away. 

Finally, short-term rentals can offer potential tax advantages, as many expenses associated with the property may be deductible.

The SEC claims Fossum misappropriated hundreds of thousands of dollars from the funds by living rent-free in a fund-owned home and having the funds pay for extensive international travel and his federal taxes.

Make sure your financial advisor understands real estate taxation, financial planning and tax planning. 

These special taxes, as they are called, are collected the same way as general taxes (December & May) but are listed out separately.

The California government will deal with the damage the same way all governments do , they will find a way to raise taxes or get the Feds to pay for it ( that will be difficult with the new administration ) Here is what I find ironic , California has C.A.R.B. to pass regulations on vehicle emissions .

Worried about tax evasion, money laundering or funding terrorist groups and Cartels.  

A HELOC on your duplex or home offers flexible, low-interest financing ideal for BRRRR, with potential tax-deductible interest if used for property expenses.