There is a financing contingency(appraisal and loan), and an inspection contingency(which includes pest inspections) ... more
The most important steps you need to take right now is knowing what your lender will do should you rent the home. The consequences of your Torrance home no longer being your prim ... more
I wholly concur with the first two answers. This is a question for your tax professional.
I am and have been an owner of rental property for many years. Here are a couple o ... more