Aim for a path that benefits the current tenants if it's worth it.

Recent discussions in Bloomberg and the Yale Law Journal shed light on the challenges posed by traditional zoning regulations and offer insights into potential reforms that could benefit co-living arrangements.Zoning Laws and the Definition of FamilyTraditional zoning laws often define "family" in narrow terms, typically limiting residential occupancy to individuals related by blood, marriage, or adoption.

Basically, there doesn't appear to be any relationship between a state's voting history and its price growth.Just because a state is blue doesn't mean it will automatically benefit from price growth.

I think the testimony of many on this web site would indicate there is great financial benefit from taking either of those approaches.

@Clifford Pereira You can claim Real Estate Professional (REP) status on federal taxes but not in California, as the state does not recognize REP benefits.

Hi EdwardThe main benefits of section 8 include guaranteed rent payments from the government, which can provide a steady income stream and reduce the risk of vacancies or non-payment.

This would end up getting you some tax benefits and extra cash flow that could help you leverage that into another property...maybe a 1031 exchange.

Benefits:1) Tenants can't lock keys in house, they have to use their key to lock the deadbolt.2) Cheaper to rekey or replace locks (only deadbolt!)

When donated to a qualifying charity, you generally can deduct the full fair market value without having to pay capital gains taxes, which is a big benefit compared to selling it.Itemized Deductions: To claim the deduction, you must itemize your deductions on your tax return (rather than taking the standard deduction).

The offering would be at 490 units at $1000 unit which allows 49% to be sold to have the preceding benefits to remain in place.