Have rent increases peaked?

[38Packard]

Hi Wendy,

As usual, great information! Thank you for what you do!

Another thing for folks to consider when evaluating their living options - of course, depending on where they are in life - would be to consider an ADU - Accessory Dwelling Unit. I found out about this on the Tax Strategies board (whoops - Category) and have since done some research on this topic. Like me, others may have never heard of it even though I consider myself fairly aware of general building codes, the general housing market, family/senior living trends, etc.

Here’s a link to that thread - I hope others find it helpful!! Lots of good links within the thread.

Tax Ramifications of Having an ADU

Hi - I’m looking for general thoughts and direction for how to handle the various tax implications of building and renting out an ADU (accessory dwelling unit) on my primary residence property. Many states and cities are relaxing zone codes to allow homeowners to build ADUs or second units on their single-family zoned property. In my state (CA), newly passed legislation will allow a single-family homeowner to build between 3- 4 total units on their property. I see that many people are jumping …

'38Packard