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Can I take advantage of the stepped up basis if I transfer my brain into a clone, who I designate as my heir, leaving my decrepit “legacy body” to die?

I would tentatively say no, because if the clone can’t object to its body being harvested, it probably shouldn’t be a legal person for tax purposes. But if the IRS allows tax inversions and the carried interest loophole, I won’t give up hope.

Using this calculator, I am scheduled to die in 2070, hopefully we can get all these issues worked out well before then.

https://media.nmfn.com/tnetwork/lifespan/index.html

 

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If you want to see what type of homes PE likes in San Diego, this is the biggest public SFH landlord. They have 1 for rent in SD and 1 in Escondido.

https://lease.invitationhomes.com/homes/2263-finch-ln-92123-1978

https://lease.invitationhomes.com/homes/453-las-brisas-dr-92027-5605

 

With a estimated vacancy rate of 2%, I infer they own about 100 homes here.

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While inflation is on a downward trend, I think it may persist a bit. After a few years people have become used to annual price increases, rent increases, wage increases.

They’re also quite willing to take on 7%+ mortgages and today’s elevated values. 7% actually isn’t bad at all if rents go up at 3% real + 5% expected inflation, plus you can always refi and lock in a lower rate for 30 years if we have even a short rate dip.

I went to my normal hand wax place. They charged $50 for many years. Then $70. Now it is $100. I tried to bargain them down a little, but they were plenty crowded. I paid it with accepting resignation, and my CUV emerged pearly and sparkly like new.

 

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Wow. SF really went downhill fast starting in 2020.

Here’s an article about PE buying up rentals that focuses on San Diego:

https://www.tabletmag.com/sections/news/articles/welcome-blackstone-usa

 

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It’s for good reason people with low rates and property tax valuations locked in are not selling.

SD Realtor has good advice and deferring the question for a little while, as the biggest upside of selling would be the capital gains tax exclusion. Only 500k if you’re married however. Sounds like you have more than 500k in gains however.

The true best way to avoid capital gains is to hold until death.

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JP: so close. My house is about half a mile from the border of a fire zone. Only two miles away form the border of the zone where SDGE will remove your property’s brush for free.

 

 

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Josh, I haven’t lived in east county that long so I don’t have last summer. My first bill for last fall I was paying 68c for peak hours.

My office in San Diego was about 39c two years ago, 40c a year ago, and 40c now for summer peak rates.

I don’t understand why a residence is paying almost double.

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Sorry, the local agent had Allstate branding but the policy is Bamboo Insurance of Utah.

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Allstate. Signup was easy too.

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Good news! After two 3k+ quotes and more “no new customers” I found one for $1250.

Nobody would rebuild the existing house, it is old and on a large multifamily zoned lot. Most likely it would be redeveloped as four two-story living space houses over semi-sunken garages. Townhouse style but detached. The prior owner had approved plans to do this but lost his financing for it in the 2008 financial crisis.

 

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Every time I have heard about serious mold issues it has been non-coastal tract postwar homes.

The first house I rented in OB (built around 1930) had solid hardwood walls, both interior and exterior, with no drywall or insulation of any kind. The wiring was either below the house or attached to the wall and covered by thin mental protectors.

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If the house in question burned down the value if the property would barely be effected.  So no I wouldn’t insure it if I didn’t have to. When it was under 1k a year though I never really thought of it.

State Farm gave me the best quote by far on my east county house so I moved my office liability and cars to them in gratitude.

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You can basically do this yourself with no fees.

First, remember the SP500 is mostly the SP50 because it is a weighted index. The top 10 companies are 24% of the index, the other 490 split the 76%.

So what you can do is just buy some shares in the top dozen or two companies in the S&P500, and at the end of the year tax harvest some losses and use the cash to buy shares in the largest few companies you don’t own.

 

 

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When you’re still in the design phase, I suggest you look into a bigger expansion than 280sf. So much of the cost is design/permit, you might be able to do 500sf for basically the same price.

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“Bet that was another 50-100k you’re leaving out”

Every high end St G place I looked at was turnkey and had tasteful interiors.

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