Rent vs Buy in San Diego : Questions & Answers

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Joe, Home Seller in Austin, TX
Joe answered:
Capital gains tax ? - are you charged capital gains on rental income and/or any profits made from that rental, along with profits made on sale of home
I'm not an accountant, but owning a rental home for about 10 years, here is how I understand it:

You pay INCOME TAX on rental income, and CAPITAL GAIN tax on the difference between P ... more
3 votes Share Flag Wed Jul 23, 2014 Rent vs Buy in San Diego
Mark & K…, Real Estate Pro in San Diego, CA
Mark & Kari Shea answered:
I'm looking for a 3bedroom house that is for 1250 a month and a low deposit to move in
Hi Randy,

We have found that Craigslist is your best option for a rental. 85% to 95% of all rentals leased in San Diego County are found using Craigslist. It is used to advertise re ... more
0 votes Share Flag Wed Feb 5, 2014 Rent vs Buy in San Diego
Mark & K…, Real Estate Pro in San Diego, CA
Mark & Kari Shea answered:
My family including my husband 2 small kids and mother in law are wanting to relocate to San Diego. We are almost done with selling our subway
Hi Carey,

First, congratulations. We moved to San Diego 15 years ago and LOVE it here. Given you do not know where you will be living, we would suggest a short term rental so you c ... more
0 votes Share Flag Thu Jan 2, 2014 Rent vs Buy in San Diego
J.R. Thrasher, Real Estate Pro in San Diego, CA
J.R. Thrasher answered:
I have some cash and good credit but am not able to qualify on my own as yet. I hope to change this obstacle within 12 months. I want to open a sober
AITD's are a good option once interest rates go up. Most of the rent to own and lease options you see on craigslist are scams. Have you considered working with a partner, whom would ena ... more
1 vote Share Flag Mon Jul 29, 2013 Rent vs Buy in San Diego
J.R. Thrasher, Real Estate Pro in San Diego, CA
J.R. Thrasher answered:
What neighborhoods in San Diego are good for landlords (high rental occupancy)?
The entire county has a low vacancy rate. However, your best option would be to buy a two to four unit property. Live in one unit and rent the others out. You can even rent individual r ... more
1 vote Share Flag Mon Jul 29, 2013 Rent vs Buy in 92129
Yoann Baral-…, Real Estate Pro in San Diego, CA
Yoann Baral-Baron,SRS, ABR,MRP answered:
Buy or rent at University City near UCSD?
Hi Mistycheney,

It is a great time NOW to buy real estate in southern California. As a real estate profesional and investor, I would strongly suggest to borrow whatever amount you c ... more
1 vote Share Flag Sat Jul 6, 2013 Rent vs Buy in San Diego
Paul Rinde, Real Estate Pro in Menifee, CA
Paul Rinde answered:
what do you do when you can,y afford a downpayment how do youqualify for a loan?
You can see if you qulify for a down payment assistance program like CHDAP. With this program your down payment is 1/2%. If you need a referral to a great Loan Officer go to my profile ... more
1 vote Share Flag Thu Oct 20, 2011 Rent vs Buy in 92131
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