So I haven't officially started yet as we're out of state, but I'm thinking after I start driving for dollars and building a list to market to, the next biggest hurdle will be a buyer list, but from what I've been told, the right deal will draw the money.

They will just say that without a quiet title action, the fact that the title is fine cannot be said officially.

The county tax collection official will add to that purchase price the full redemption amount for John's 2020 lien.

I disagree as the attic would make a perfect bedroom, even though it cant officially be called a bedroom, for a kid and I took all the steps to make sure that there would be no water issues in the basement (Dug drainage along house, added "pond liner" and waterproofing tar along exterior of basement walls).

The term "Lazy 1031" informally refers to using losses to offset gains but isn't an official replacement for a 1031 exchange.

Thrive Living, in partnership with city officials, is building 800 apartments above a Costco store.

Hey Gavin, You don’t need to complete the separation by January 1st, 2025, to eventually write off the rental portion of your closing costs and other expenses, but you can only start deducting them once the rental portion of the property is officially "in service," meaning ready for tenants and actively marketed.

Your situation is still unfolding.While this recent official warning is not about your specific type of investment, any investment loss victim with potential for a legal action should consider it: https://www.ic3.gov/Media/Y2024/PSA240624.Thank you for trying to warn others with your post.

I did find verbiage but from another jurisdiction "Unavailable for rent means a unit whose owner has filed with the code official a statement signed under penalty of perjury that such unit is not offered or available for rent as a rental unit and that prior to offering or making the unit available as a rental unit, the owner will apply for a Residential Rental Business License and comply with any applicable administrative regulations adopted pursuant to this chapter...."

Also, whats the current use of the property as I spoke to Inglewood planning officials to inquire about doing an ADU or additional unit on a R2 lot, with the existing use being a duplex, and they gave me a hard no to both.