CA has the highest gas tax in the country. 

Net Sale - Is the contract price, minus the closing costs and commissions.Adjust cost basis - Is the purchase price, plus capital improvements, minus depreciation.

But, if steady long term cashflow is a goal, with no management, one can always sell farm land on a low down private contract.

When under contract at 300k with the expectation that codes would be the determining factor on what can be done on with the property, as it relates to new construction.

So you want to check that out.I also ask how familiar are you with Spanish, and reading Spanish contracts, and knowing landlord/tenant laws in Spain? 

I’m under contract on my first 3 family home and I’m exploring insurance options.

California landlords can now enjoy streamlined maintenance and cost savings thanks to AB 2622.Signed into law in September 2024, AB 2622 raises the threshold for unlicensed contracting work from $500 to $1,000.

.- Have attorney draw up a contract to do this.Suggest you offer your dad some cash, now or in the near future, to motivate him to transfer his ownership to you.It may not work out, but you will learn a lot either way!

Seems like many of the apartment syndicators moved to ATMs, then Car Washes, now pitching Oil and Gas Drilling programs.Who can comment if these are hitting their numbers?

I got the building under contract and then figured out financing.