Here is my post from back in oct: https://www.biggerpockets.com/forums/49/topics/1210614-the-f...

.: With the laws that the CA legislation has passed, you could piss off a city inspector and there is nothing they can do about a safe unpermitted unit.Possibly/probably....but I think the point we are all making is - why take chances on losing time and money and stressing yourself out?

In each category, note how much you are bothered or stressed on a 1 to 5 scale, with 1 = not bothered at all and 5 = stressed out: Pain Points Stress1 to 5 Pain Points Stress1 to 5 Unit turnover Exterior maintenance Advertising for available units Deferred capital expenditures Tenant screening rules Plumbing or electrical emergencies Tenant selection / discrimination rules Mortgage payments Documenting move-in conditions Bookkeeping and bill paying Documenting ongoing conditions Taxes and insurance premiums Dealing with tenant complaints Risk of late payments or non-payments Dealing with neighbor complaints Risk of property damage or vandalism Mold, termites and rodents Premises liability Interior maintenance Evicting tenants If your completed table has mostly 1s and 2s, then congratulations—you are a happy landlord!

Like your post title suggests, you die to avoid the taxes.

More to the point of your post, the agreement of sale should have language detailing precisely how the escrow funds are released to buyer or seller.

I just created 4 google chrome extensions using it that can send information through AI assistants and spit out different results from Meme's, to images to social media posts etc.We are also building agents in copilot that are specific for internal use.

It seems, obviously, that the method is strongly focused on the refinancing of the property post rehab.  

Post the numbers and the street.  

I appreciate this post as this scenario is very similar to mine.

There are many reasons that adding a single ADU in southern CA is a less than ideal RE investment (i will post a list at the end) but the negative initial equity is a primary reason as the initial negative equity position consumes the initial cash flow and can take many years to recover.As for converting your home to a rental….