@David Avetisyan If you sell your home for $510K and provide a $10K seller credit, your taxable gain is based on the net sale price of $500K ($510K - $10K credit), as seller credits reduce the gross selling price for tax purposes.Tax Impact in CaliforniaCapital Gains Calculation: Your gain is the net sale price minus your adjusted cost basis (purchase price + closing costs + capital improvements).Primary Residence Exclusion: If you’ve lived in and owned the home for at least 2 of the last 5 years, you may exclude up to $250K (single) or $500K (married) under IRC Section 121.California Tax: Capital gains are taxed as ordinary income at rates up to 13.3%.The $10K seller credit lowers your taxable gain.

Houses are mostly at least 450K in the area.Thanks for any insight!

These days, every MLS syndicates to sites like Zillow and Redfin, so you are likely seeing every house on the MLS on Zillow/Redfin/etc.

Do your research on the best in your area.

My question is: between now and when I make that first investment, is there a limit or tax traps to watch out for in deducting expenses as I set up my entity structure, pay for software tools and research materials, and (most notably) travel to markets to do market research, meet with realtors, look at properties, etc.?

SB-684 streamlines the approval process for small housing projects in San Diego, even in high-risk CEQA zones.

I see the same (professional) Tenants coming to my Court every couple of years, with a NEW Landlord.

You should just tell them up front you think they have no value.

These things happen, just make sure you document as well as possible.

Seems like inventory is up 7.5% and population is up 10%?