The other half are caveat emptor.2) When buying through an individual that likely isn't following state real estate laws already since they likely are in violation of the state brokers act....you probably arnt getting a disclosure even if state law requires it.

Exceptions to your standard business practice do not often end with the desired results.

please reply with actual law codes if it’s criminal.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

I feel in the event of a law suit, it will ultimately come down to whatever the judge/jury decides...again...subjective. 

In addition to that, you still need an additional 24 months of practical construction experience to qualify, which is more than enough time to weed out anyone who can't handle the real-word construction industry.

This is a bad application of the law if this is suggested. 2) Some people say 27.5 years and some say 39 year depreciation - look to the average period of stay in your STR. 

@Bryan Balducki a short term rental isn't a bad idea, tho I believe there's many laws in my area that prevent me from listing anything for less than 30 days unless I'm in the unit & available.

@Emilie Pa Consult a real estate attorney to ensure the property transfer from your Canadian company to yourself is legally sound and compliant with California laws.

Additionally, if cooperation is required by law in the state, the agent may additionally be violating state law.