It is how it is recognized, taxed and falls heavy on the VOE. 

Your requirements to defer all tax are to purchase at least as much as your net sale. 

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

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

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 .

Taxes have to be paid, so does insurance, what about maintenance? 

Urged them to make a withdrawal and pay the tax penalty because this program, training, education will change their life.

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

At the same time I find myself participating in other forums I used to ignore, like the taxes and short term rentals forums, because those have become bigger focus areas (and pain points!)

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