Bay Area residents are sitting on a ton of equity and it’s a good problem to have. The major drawback to all this equity boils down to capital gains taxes that keep long time residents in their homes or renting out creating a housing shortage. In studio with Joe today is real estate attorney and broker David Robertson of Silicon Valley Property Management Group to educate us on the market and renting out your home. Specific topics include:
- Why do we have a housing shortage?
- IRC 121 and IRC 1031 exemptions
- How to legally rent out your home
- Accessory Dwelling Unit (ADU) panel
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
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