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School Reports in Simi Valley, Moorpark and Newbury Park, California

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Investment Real Estate >Renting Your Home

Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

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Q	In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
A	Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen.
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The RELO Team, REALTOR®, real estate agent and broker for Simi Valley, Moorpark and Newbury Park, California home listings, property and land for sale - NUMBER1EXPERT(tm)

The RELO Team
Golden Coast Homes Real Estate
2414 Thousand Oaks Blvd
Thousand Oaks, CA 91361
Cell: 805-857-5518
Cell : 805-857-5513
Fax : 805-435-7491
ReloTeam@number1relo.com
Providing expert services to clients in Newbury Park, Thousand Oaks, Moorpark, Simi Valley and the entire Conejo Valley.

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