Recent Posts
Bubb Park - Mountain View, CA
Bubb Park is located behind Bubb School. Bubb Park is larger than the typical neighborhood park. It has a picnic area large enough for small groups and it has restrooms.Bubb Park has two different areas with playground equipment for children. There are lawn areas for relaxing but the athletic fields are not open to the public when school is in session 7:30 am to 4:00 pm. View more pictures of Bubb Park.
Wyandotte Park - Mountain View, CA
Another beautiful day brought another lunch at a delightful park. Nearby Wyandotte Park in Mountain View is one of the city's newer parks. This park has playgrounds for children, a small artificial stream with water when a button is pushed, scattered tables and benches, shady areas, lawn (too small for team sports), and art sculptures. To see more pictures or to learn about other parks, visit my Mountain View parks web page.
Klein Park - Mountain View, CA
We wanted to have a lunch break, so we grabbed some food to-go and went to the nearby Klein Park in Mountain View. We had a relaxing lunch in a peaceful park.Klein Park is a medium-sized neighborhood park with picnic tables, a half-court basketball, a children's playground, and grass areas that are not flat. It is unsuitable for baseball, soccer, or other team sports, but it is great for a relaxing visit, playing frisbee, or taking your kids outside.To see more pictures or to learn about other parks, visit my Mountain View parks web page.
Short Term Rental Taxes: Airbnb, Vacation, etc.
You do not have to be a real estate professional to move short-term rental income out of the passive income category. This allows many families to deduct their short-term rental losses from other income, reducing their taxes. These tax savings and the higher per-day rent received for short-term rentals make these rentals an attractive investment/business opportunity. Learn more at "Airbnb & Short Term Rental Properties" on julianalee.com.
Mountain View Education Foundation
Our passion for Mountain View real estate both enabled us and lead us to support local public education. We were pleased to help the Mountain View Education Foundation through a matching donation pledge. Please help Tk-8 students in the Mountain View Whishman School District by visiting the MVEF website: mvef.org and making a donation.
1031 Exchange, Cash Boot Is Taxed
If your replacement property has a lower purchase price than the sales price of the property you sold, the difference will be refunded to you by your 1031 exchange intermediary at the end of the 180 day period defined for purchasing your replacement property. Since you will be receiving the cash, the IRS will not defer the taxes owed on this portion of your sale. Typically it will be taxed as a capital gain. This cash received is referred to as a cash boot. View more 1031 exchange rules.