August 21, 2023
Tag: Montecito Mercantile

Montecito Mercantile Has Closed
Plus: The State Street Advisory Committee is meeting again today; Adirondack chairs placed here and there on the State Street Promenade; new adventure park in the Santa Ynez Valley; the Housing Authority's building on E. Cota Street is almost done; a weekend parking deal for locals. 12
April 2, 2023
December 5, 2022
July 8, 2021
July 1, 2021
Recent Comments
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