However, California may not be the most favorable state for investment due to various reasons such as rent control, anti-landlord legislation, high costs, and high taxes.In this post, I will provide a straightforward process for selecting a city where:Rents outpace inflation: Inflation consistently erodes the purchasing power of a fixed amount of money.

It will be interesting to see what happens with the pending legislation related to bonus depreciation (passed the House and in Senate). 

In addition HCD is chartered with supporting the various ADU laws and would have written a memo explaining the intent of the SB13 clause.Having an apparent rogue judge rule one way does not negate the laws that have been passed by the state legislation.  

Sounds more like a legal question IMO you might get a better response in the Legal & Legislation forum.

Your property taxes might be going up if a new plan passes.The legislative proposal -- which passed a key legislative hurdle yesterday -- would classify short-term rentals rented for more than 90 days per year as commercial property for property tax purposes. 

This tax legislation extends or reverts to pre-2023 tax treatments of very favorable tax legislation that apply to real estate investors. 

I strongly believe that legislation should be introduced to prohibit property wholesaling and also prevent double closings unless it can be demonstrated that the property's value has been substantially improved.  

Even before the Hurricane damages from Hurricane Ian, there were some legislative changes done in Tallahassee that drove most of the big insurance underwriters out of FL.

However, if new tax legislation is passed, it could extend or change these rules, so keep an eye on any updates. 

I for one want to buy a property and STR it in Asheville, but I think this legislation nixes that idea.