What Are the Tax Implications of Selling a Rental Property in California? In California, selling a rental property triggers three tax layers: federal capital gains, state tax (California taxes the entire gain as ordinary income, with no preferential capital-gains rate,…
Do you have to sell your house to qualify for Medi-Cal in California? No — in almost every case you do not have to sell your house to qualify for Medi-Cal. Your primary residence is an exempt asset under Medi-Cal…
How Long Does Evicting a Tenant Take in California — and Should You Just Sell? In California, evicting a tenant the only lawful way — a court-filed unlawful detainer under Code of Civil Procedure §1161 — realistically takes 2 to…
Can You Sell Assets Before a Divorce in California? (ATRO Rules) Before a petition is filed, yes — California law does not freeze your property simply because a marriage is failing. But the moment a divorce petition is filed and…
Is Bankruptcy a Good Way to Stop Foreclosure in California? Sometimes — but rarely a clean one. The moment you file, the automatic stay under 11 U.S.C. §362 instantly halts a scheduled trustee’s sale. Chapter 13 can let you cure…
What Happens to the Mortgage After a Divorce in California? In California, a divorce judgment binds you and your spouse to each other — but it does not bind your mortgage lender. Your loan contract predates the divorce, so both…
