August 10, 2021
Other notable sales: The biggest price Birnam Wood has seen in years; a prime parcel on funky Coyote Road; a 1923 house in Carpinteria; and more.
July 9, 2021
Noteworthy new listings also include midcentury architecture on the Riviera; that ostentatious mansion below McMenemy Trail; a 1933 house on Picacho Lane; a grande dame in the Upper East; and many more.
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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
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