It’s All About Money: Calabasas, California Home Foreclosures
Monday, March 30th, 2009Is finding Calabasas, California home foreclosures worth the time and effort?
Many investors find that Calabasas foreclosure homes bought in good areas at below market values that appreciate annually can be a sound investment strategy. Until the home is sold, the appreciation of the homes is tax-exempt. If the home is to be used as a primary residence, the appreciation may be tax-free.Calabasas foreclosure homes used as rental properties give most investors valuable tax deductions while the house increases in value and builds equity. With many stock portfolios down, Calabasas foreclosure real estate investing may be the alternative many people are seeking.