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Tag: 108 Loma Media Road

January 29, 2024

  • Hot Property

Striking New Contemporary Sells for $7.825 Million

Last week's sales also include 1980s Hope Ranch oceanfront; two on Eucalyptus Hill; off-market Mesa four-bedroom; Riviera house after six price cuts; Hedgerow fixer; and more. 2

February 14, 2020

  • Price Cuts

A Cool Contemporary House on a Golf Course

The week's other top price reductions: Southern-style passion project on Picacho Lane; views-vs.-80s-design on the Riviera; 1928 Tudor on three prime Montecito acres; and the 1929 estate that always reminds me of the board game Clue.

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Recent Comments

Miramonte… ledgendary party house — Heidi S

AMEN! — Christine!

You are correct. It's a myth. Other than depreciation on a vacant building that is available for lease there are no write-offs. And if you… — Bettye Jones

Carbajal doxing law enforcement is disgusting. When you have 'law makers' running to break the law to secure future votes it has a negative impact… — Lola Machado

"Zhushfest" - you're killing me! LOL — JILLIAN

I laugh so hard when reading your property descriptions, thank you for that! — Susie

The bigger factor is that if an owner accepted lower (aka "market") rent, it would reduce the overall value of the property on paper. Which,… — Sean

Rich - No. They get the depreciation regardless of whether it's leased or vacant. — Jefferson A.

Depreciation. — Rich

Apzer, can you please direct me to the IRS rule where i can deduct rental losses? i have never heard of such a thing, and… — Derek

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