Evictions: What is their process, and how do they handle legal compliance?

FHA loans typically require the property to be a primary residence for at least one year, so he should confirm compliance with his lender.Once rented, he can deduct expenses like mortgage interest, property taxes, maintenance, and depreciation starting from the date it's available for rent.

Setting up. the LLC in Oregon would just result in similar compliance requirements in CA if the latter is true. ...This post does not create a CPA-Client relationship.

When a tenant violates even one term of the lease, you need to immediately send him a Notice To Quit which informs him of the violation and gives a cure period (set by state law) for him to stop/make it right/get in compliance - or eviction will begin. 

Work with a knowledgeable SDIRA custodian to ensure compliance with regulation.This post does not create a CPA-Client relationship.

The compliance on these can be tricky, tread carefully or work with experienced funds.4) Death - Nothing is certain but death and taxes.

They could make legal arguments about hardship and/or off-sets for non-compliance by landlord, but this would require posting rent or coming even with rent.

Hiring a local real estate attorney or working with a knowledgeable agent is recommended to ensure compliance and protect your investment.3.

In the meantime, check with the city’s planning or zoning department to see if there’s any way to bring the property into compliance as a legal triplex or duplex.

Consult a CPA to ensure compliance with tax regulations and explore strategies that align with your goals, such as providing for your mom while managing tax implications effectively.This post does not create a CPA-Client relationship.