July 29, 2022
Plus: The likely site of Rad Power Bikes's Funk Zone showroom; some of Paseo Nuevo's owners are said to have defaulted on their debt; Loveworn's "greatest sale ever"; why a rent dispute over the Montecito Vons seems unlikely; new free tour of Santa Barbara's Old Town; the effort to get New Cuyama's L88 airport reopened; a special sandscript by John Edward Heaton.
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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
Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.
I don't think they're all greedy but there's a financial benefit to claim a loss on a vacant property while holding out for someone to… — apzer
“More vibrant than ever”? We can debate the causes but it is a far cry from the most vibrant it’s ever been… — BW
“Editor's note: This story has been updated to clarify the action taken by the City Council and its next steps” The VC Star Article was… — Tristen
From the article, it seems like it's not a done deal, but yes, it would be a terrible loss for Ventura. A good reminder for… — Sean
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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
Apzer, that is totally false on landlords receiving a financial benefit for vacant properties. Please don't spread misinformation. — Jefferson A.
I don't think they're all greedy but there's a financial benefit to claim a loss on a vacant property while holding out for someone to… — apzer
“More vibrant than ever”? We can debate the causes but it is a far cry from the most vibrant it’s ever been… — BW
“Editor's note: This story has been updated to clarify the action taken by the City Council and its next steps” The VC Star Article was… — Tristen
From the article, it seems like it's not a done deal, but yes, it would be a terrible loss for Ventura. A good reminder for… — Sean