However, it is important to consult with a legal professional or tax advisor to ensure that this arrangement is feasible and complies with all applicable laws and regulations.

As long as you meet the requirements for both statutes you can take both.

How do you know if you'll be legally allowed to convert a detached garage into living space or create any other type of square footage increase: attached garage conversion, basement or attic conversion, ADU, etc.

I expected to meet her at the house and go over the issues butI had to send a message instead.

You need competent legal council.

Right now the sellers are in a series of city council meetings to try and get confirmation from the city that they can still use the properties as intended.

They will pay high prices to meet needs that are not income producing - they are shopping for a different product that is provided from the same stock that our income properties come from.2. having deep enough knowledge of the neighborhoods to allow us to recognize a good deal takes a lot of time.

Check out "Build Your Team" in the top level navigation bar of this website, and look for "Hard Money Lenders" - we have tons for you to meet and interview, and they are most abundant in California specifically. 

Beyond Real Estate:I love traveling, meeting new people, spending time in nature, seeking adventures, learning new things, and always up for sports (playing and watching).Super pumped to dive into discussions, swap stories, and learn from all of you.

Jersey market and looking to meet other investors in the market.