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2. 1978 California Proposition 13 - Wikipedia

   en.wikipedia.org/wiki/1978_California_Proposition_13

   v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in ...

3. Thinking of Moving In? How to Turn Your Rental Property into ...

   www.aol.com/finance/convert-rental-property...

   This leaves you with $180,000 that the government will tax. Your income places you in the 15% bracket for capital gains taxes. So, $180,000 x 0.15 = $27,000 of capital gains taxes on the sale of ...

4. Ellis Act - Wikipedia

   en.wikipedia.org/wiki/Ellis_Act

   The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing. The legislature passed the Ellis Act in response to the California Supreme ...

5. Costa–Hawkins Rental Housing Act - Wikipedia

   en.wikipedia.org/wiki/Costa–Hawkins_Rental...

   The Costa–Hawkins Rental Housing Act ("Costa–Hawkins") is a California state law enacted in 1995, placing limits on municipal rent control ordinances. Costa–Hawkins preempts the field in two major ways. [1] First, it prohibits cities from establishing rent control over certain kinds of residential units, such as single-family dwellings ...

6. First-Time Homeowners Are Turning Their Houses Into Rental ...

   www.aol.com/news/first-time-homeowners-turning...

   Rental properties are hot, and prices continue to climb as home sales hit record lows. A mix of unavailable inventory and high mortgage rates of over 7% have driven people to wait out the ...

7. 21 Tips For Turning Your House Into A Rental Property - AOL

   www.aol.com/finance/21-tips-turning-house-rental...

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