Let's say your seller bought the condo for $75,000 back in 1993, and today it's worth $300,000 - completely fictitious numbers - but go with it...Where I live (in Florida) there is a cap on how much the government can raise your property taxes a year... it's like 3.5% a year of the assessed value.  

Contractor is not licenced.

There is an education option in lieu of the experience to satisfy the broker licencing requirements in California.

its not like licenced trades don't mess up --- why else would they need insurance? 

I count on God, because he has been and still is my first sponsorHe will provide me a lot of referrals and connections.However, I still want you to help me build my careerjust finished the Keller William prep classI will get my Real estate licence within 3 to 6 monthsPlease do not hesitate to connect, engage with me along the way.Lots of Love#realestate #Georgiastate #Atlanta #newbeginning

Think about... you are generating fictitious income from to deduct more real expenses.

As an investor and agent licence I perfectly understand that in a new country you must know how the system work.

In California, to work as a contractor, we need to obtain a contractor licence from Contractors State License Board.

Have you (or anyone else) seen a municipality where they had a permit process allowing non-owner occupied STRs, then they changed course, prohibited STRs and did not grandfather in existing licences?

Why do licenced/fiducary advisers keep recommending a broad based etf?