May 15, 2021
Other notable sales this week include a half-built hilltop estate, an impressive flip on Sycamore Canyon Road, a pretty eight-bedroom Hedgerow house built in 1900, a funky midcentury in Montecito, a 6.6-acre vacant lot in Hope Ranch, and many, many more.
February 19, 2020
Highlights of this weekend's open-house lineup: Montecito contemporary with private beach path; party pad with Pacific views; one of the more dramatic infinity pools in town; new-build Brutalism.
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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
The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones
Recent Comments
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
The "pedestrian mall" along state street is more like an e-bike tournament venue — Bettye Jones