Here is a detailed look into this issue:https://www.biggerpockets.com/forums/51-tax-legal-issues-con...

The issue is legally be allowed to raise rents and getting around what the city believes is fair market rents.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

A duplex or triplex could be a solid first step.Get Legal AdviceTalk to a trusted attorney before agreeing to anything like a trust.

ADUs will be legal, by-right, state-wide starting in February.

Income Late fee Gross rent Expenses Advertising Cleaning Gardening/lawn mowing Insurance Interest on loan(s) property tax Legal expenses Pest control Property agent fees/commission Repairs and maintenance Water charges Electric Bill Total expenses Net rental income or (loss)

Soon afterwards a guy was trying to wholesale it on Facebook (not legal, btw.)

Deduct Selling Expenses: Costs associated with selling the property, such as real estate commissions, legal fees, and advertising expenses, can be deducted from your sales price, thereby reducing your taxable gain.9.

When selling for sale by owner (FSBO), ensure all legal documentation is in order and consider consulting with a real estate professional or attorney to handle the lease transfer and legal aspects effectively.

Hi,I would like to see if anyone in the forum would know where can I sell my container which can grow cannabis?