3 ms·
Owns two houses in the bay area? Sounds like a multi-millionaire to me.
by forrestthewoods 10y ago
Owns two houses in the bay area? Sounds like a multi-millionaire to me.
- gumby 10y agoWell they aren't particularly big or particularly close (one's on the other side of the SC mountains) so I doubt that together they would be worth a million, but they constitute a good retirement account. I do know that she needs the rental income + her salary to make rent in Palo Alto. Given her income I can't imagine she could get a HELO from them, but once the kids finish school she could move into one of them I suppose. Prop 13 is great for her, since her gains are paper only and her property taxes have been predictable.