General information, not legal or tax advice. Sidney works alongside your attorney and CPA. Rules as of October 15, 2026; they change, so check the official sources listed below.
What deadlines does the IRS set?
Counting from the day the relinquished property closes, replacements must be identified in writing by day 45 and acquired by day 180, or by the due date of that year's return if sooner. IRS FS-2008-18 says the periods are extended only for presidentially declared disasters.
How do tenants affect an El Monte exchange sale?
Plan showings with written notice before entry (Civil Code section 1954) and give buyers the leases and deposit records. Statewide rent cap and just-cause rules under the Tenant Protection Act (Civil Code section 1947.12) may apply depending on the property; ask counsel. Investors often prefer to buy with tenants in place.
What do investor buyers check in El Monte?
Permits for the back unit or added units in the City's file. (ci.el-monte.ca.us) The General Plan neighborhood and its lot pattern, which sets rents and resale. (ci.el-monte.ca.us) Proximity to the El Monte Metrolink station, which some tenants value. (metrolinktrains.com)
Last reviewed by Sidney Manzo · About Sidney
Questions
What do El Monte owners ask?
- Does a house with a back unit qualify?
- Investment property generally does; any part you live in may be treated separately. Sidney Manzo, in real estate since 1990, gives your CPA the value split. Talk with Sidney about your El Monte home
- Can tenants stay through closing?
- Usually, and many investors prefer it. Sidney, in real estate since 1990, coordinates notices and tenant estoppels. Talk with Sidney about your El Monte home
- When should I start looking for a replacement?
- Before listing, so the 45 days are not spent searching. Sidney, in real estate since 1990, times the listing to your search. Talk with Sidney about your El Monte home
- What is my El Monte rental worth to an investor?
- Nearby sales adjusted for rents, permitted units and condition. Sidney Manzo, in real estate since 1990, prepares that review. Get my free home review
Sources
Sources
- IRS FS-2008-18: Like-kind exchanges (accessed October 15, 2026)
- Civil Code §1954 (landlord entry) (accessed October 15, 2026)
- Civil Code §1947.12 (Tenant Protection Act rent cap) (accessed October 15, 2026)
- City of El Monte: Building & Safety (accessed October 15, 2026)
- City of El Monte General Plan: Community Design Element (accessed October 15, 2026)
- Metrolink: El Monte station (accessed October 15, 2026)
Your agent
Who reviews your home?
Sidney Manzo, Agent, CA DRE #01108914.
- In real estate since 1990
- 155+ closed sales
- RE/MAX Hall of Fame
- Member, Pasadena Association of REALTORS® and C.A.R.
RE/MAX Dream Properties (ASLG Inc), CA DRE #02142193
Last reviewed by Sidney Manzo.