Quote:
Originally Posted by Tobra
A few weeks, ha! Apparently you are unfamiliar with how things go in California.
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A few years ago I came close to buying a commercial property in California.
Numbers looked great, should provide a nice income.
Before signing the dotted line, thought I should look into California's tax code.
Wow! What an eye opener. Took what looked like a real gold mine to break even at best.
Stunning scenery, pleasant weather, but no thanks. Too crowded for my tastes, along with the goofy politics and over regulation, I'm not interested in ever having any property there.
So, you're correct. I had rentals when I lived in Washington State, so that's the Landlord/Tenant act to which I'm familiar.