I'm guessing this wouldn't buy you a shed in southern California, but might be enough for most investors to get started with their first small property.Mike

Some counties in Florida are as much as 18% interest, so that $7,000 is getting bigger every day.Kind of got into the weeds on that one - but hopefully this sheds a little light on what can happen with the $7,000 in owed taxes.

I was able to rent it for 7% (which is very high for Los Angeles)Can someone shed some light on this, am I missing something.

I wanted to know if anyone here has experience in this area and can shed some light on it.Thanks

Then, look at A) how much you will save in rent by living there, B) how much it could rent for per month to someone C) how much livable square footage it could add to the house value.For me, I just recently converted a 400sqft shed in my backyard into an ADU.

I think if you shed some more light on the actual issue, there may be a way to better shed some light on a possible solution.

Can anyone shed light on this type of LLC?

We are considering utilizing the barn & shed roofs there but they have rust and the nails and such may not be suitable for animals let alone human consumption...In a hurry and gotta run...

Can you shed a little light on how that works.

Also its a 3 bed 1 bath but I think the laundry room off the kitchen can be converted into a bathroom and the laundry can be moved to either the Garage or there is a shed in back.