So please take a few minutes to complete the opposition form and share it with anyone you think will be affected by itKey details of this ordinance include:Demolition surcharge quadrupled as part of a “pilot program”The fee for demolition within the pilot zone will increase from $15,000 to $60,000 for a detached house, townhouse or two flat.For a coach house or multiunit residential building, the fee will increase from $5,000 to $20,000 per dwelling unit for the demolition.

I have my dwelling contractors liscense & company, so I can pull permits for work that needs to be done.

And would be an area that people would more like to buy because of the proximity to the city.But I stumbled on some obstacles:* Lenders are not lending upon the dwelling if the dwelling is planned to be demolished.* In Some jurisdictions takes even 3 months to just get a demolish permit (even though permit expediter can be used)* Because of these 2 above reasons, I would have to come with high money upfront as I would need to buy the property in cash.

AB1482 states that "single-family homes/condos (residential real property that is alienable separate from the title to any other dwelling unit) are exempt from AB 1482 if (1) the owner is not a real estate investment trust, a corporation, or a limited liability company in which at least one member is a corporation and (2) the owner provides the tenant with a written notice of the exemption"The part that is confusing is "...a corporation, or a limited liability company in which at least one member is a corporation."

Between the walls where spirits dwell,I offer choices none can tell.To dwell today and own tomorrow,A future free from spectral sorrow.A chance to claim the haunted keep,What hidden pact do mortals reap?"

This property had strong potential for adding value, especially with its ADU (Accessory Dwelling Unit) potential.

Irs determination “You're considered to use a dwelling unit as a residence if you use it for personal purposes during the tax year for a number of days that's more than the greater of: 14 days, or. 10% of the total days you rent it to others at a fair rental price.”

My insurance provider has given me a warning that this will change my insurance from a standard dwelling/fire to a surplus line, specific to undergrad tenants. 

The reality is that the tax impact and ability to take ANY losses (as Michael mentioned) is based on a number of factors that include whether or not it is a "separate dwelling unit".

Some dwelling policies allow for one unit to be owner occupied.