The ADU Pilot Program allows a path for these units to be "Legally Added" without the Zoning Relief portion.That being said, it Does Nothing when it comes to the legalization of the Existing illegal unit, or for the building department.

You should have a deposit on hand which should provide some relief at the end of the process. 

Yes, it's a big relief.

There’s several issues at play here and they’re all further compounded by the recent passage of AB3088 (the COVID-19 Tenant Relief Act) last week.

It doesn't provide capital gain relief like opportunity zones and often have tighter restrictions + the fact you are dealing with local officials who may or may not move at your pace. 

A tiny bit of peeling paint, uneven sidewalk, overflow/relief pipe from the water heater not 18" off the floor, wobbly handrails, cracked pane of glass and the list goes on. 

This summer has been the toughest I can remember to keep all our Airbnb listings occupied and rates up. It makes sense with the number of active listings (single family homes) going from 7K in Phoenix metro to over 9....

This is town water so atleast that is a relief .

Hi Team- after almost a year of lost rents, legal bills, police involvement, & destruction of property, two tenants/units were evicted by the sheriff.  After restoring the shattered windows, common areas, and the ...

It's not that you're paying capital gains tax on the debt outstandings, it's that liability relief increases the amount realized which in turn increases the gain.Use this spreadsheet to get an idea.excel1040.comAlso are you saying you used a personal residence to do the 1031?