Explore Exemptions and Deductions: Take advantage of any available exemptions and deductions for which you qualify to lower your property tax bill.3.

As in some loophole that allows investment in real property through a tax exempt entity?   

However, there is an alternative that will exempt a foreign investor from the mandatory 30% withholding.After obtaining an Individual Taxpayer Identification Number (ITIN), submit a completed IRS Form W-8ECI to Logical Property Management.Note: Do not send the Form W-8ECI to the IRS.

If you have a 4 plex and live in one unit, you are exempt from some of the laws.

The seller is a veteran and qualifies for a full property tax exemption.

For some units in my neighborhood, assessments are low (no extra exemptions) ... and it's rather strange seeing randomness in these assessments.

The IRS section 121 allows you to move out and rent your house for Up To 3 years, After you have lived in it for at least 2 years (hence the “2 out of the last 5 years) and be exempt from any capital gains tax.  

While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.

Can you claim the Section 121 exemption on any gains?

Hi Bruce, 1) Check to see if your property is exempt from AB 1482.