“2010 Condo Lottery: Previous participation may not yield additional tickets Dear Plan C Member, Ticket sales for the 2010 Condo Conversion Lottery have been announced by the city and will begin on Monday, November 23rd (additional information can be found here). As you may be aware, it has been the practice of the City to … Continue reading We Never Said Playing The (Condo) Lottery Would Produce A Win
Tag: condo conversion
San Francisco Gets Stung Again: Condo Conversions DO NOT Qualify For Tax Credit
This came through the internets to us, and we thought we’d share: New Home Buyer Tax Credits-Condo Conversions do NOT qualify If you handle “New Home” transactions you are impacted by California SB 15, which was passed as part of the California budget and effective March 1, 2009. It provides for a tax credit of … Continue reading San Francisco Gets Stung Again: Condo Conversions DO NOT Qualify For Tax Credit
TIC? Got Cash? To The Front Of The Line Please…
Good news on a Monday morning: -Waiting to go condo is San Francisco’s version of waiting for Godot [seeing that phrase a lot lately…good on ya Malcolm.] Building owners can spend years vying for one of 200 condo-conversion slots awarded annually via a lottery. But this year San Francisco is considering letting people skip the … Continue reading TIC? Got Cash? To The Front Of The Line Please…