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Property Q&A in 90049 : Real Estate Advice

  • All34
  • Local Info2
  • Home Buying6
  • Home Selling1
  • Market Conditions3

Activity 10
Mon May 12, 2014
e_connaughton asked:
This question was asked from this property:
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Wed Jan 9, 2013
Scott Asti answered:
RODEO RODEO RODEO!!! 11 offices, over 1,000 agents. They also offer training classes, and the support in my office (Studio City) is wonderful. Best of luck in the industry.
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Thu Jun 16, 2011
Deborah Bremner answered:
Hi Don;
As others have said, the answer is, "It depends".
It depends on the fit and finish, the view, the layout, the slope, the landscape and hardscape, etc. The two bedrooms is less of a factor than the one bath. If the bath is not generous and luxurious, it will not be a mid to high end rental. In addition, lack of a powder room will hold the value down. Eric and Ron are probably to high. I live in Bundy Canyon, backing to Crestwood, and I think you will probably have a 3 in front of it, but without seeing it, it depends!
Deborah Bremner
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
(D) 818.564.6591
(C) 310-422-4288
Accredited Buyer Representative|Certified Distressed Property Expert |Pre-Foreclosure Specialist Certified
I want you to know that I appreciate any referrals from friends and associates who may be in the market to buy or sell real estate. You can count on me giving them the same high-quality service I provide to all of my clients.
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Mon Jan 17, 2011
Heather Paul answered:
Hello Eric, do you know of an idea of what area specifically you would like the restaurant? There are plenty of choices available and rents are very favorable right now. Feel free to contact me anytime, I would love to assist you.

Have a good day,
Heather Paul
Coldwell Banker
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Thu Jan 21, 2010
Monique & Joe Carrabba answered:
Hello Mark,

Great question. Rental income minus all expenses minus depreciation equal total taxable income. From experience having people buy and sell income property I think that you can only depreciate the tenant occupied portion as the owner occupied portion is not generating income. Check with your tax person. I'd love to find out what you find out. I have had sales of income property that wasn't tax deffered through a 1031 Exchange and they had to withhold tax on the unit that was non-owner occupied but allowed for tax to not be witheld on the owner occupied portion. I can't give tax advice but from experience the State at least allowed for portioning out owner vs tenant portion of the property.


Monique Carrabba
The Carrabba Group
Keller Williams Hollywood Hills
(323) 899-2900
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