35 karma · joined April 16, 2023
https://www.cbsnews.com/news/wall-street-says-yahoos-worth-l...
I think it'd be good to visit with a CPA to cover some of these topics. I'm not saying definitely hire one but I think you may have misunderstandings of the tax codes.
For example with drinking, they seem to think there's enough of a difference between the friends that get together to have a few drinks and the friends that get together to do a wine tasting focused on a region of France.
Edit - put another way, there's a sort of implication that if a unit is "rent controlled" then it is cheap, and this is not necessarily the case in the SF rental market.
For example you can have a rent controlled apartment renting for $500 a month, that tenant leaves, and the new tenants would sign for $3000 a month. There's no requirement the new master tenants would get the $500 a month. Whereas I believe in NYC's rent control the apartment itself is set at $500 a month, and anyone who moves in, that's what they pay.