Originally Posted by DakarM
it would cause a huge headache but being as how you are in CA and for that area if you can get it approved then do it.
you can be a slumlord :exnbp:
ya.. i noticed a lot of the area has had the property subdivided.. even built apts on adjacent lots..
im sure the city council doesnt care and will approve permits/rezone
mmmmmmm....dunno what to do
if i were to sell the property... say it sells for 200k, and i dont plan on reinvesting the $, what would the taxpenalty be. im not sure, but i heard that if it was under a certain amount, there would be less than the usual (whatever that is)