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Pomona California Form Instructions 944: What You Should Know
Forms and Posters · Renting by Multiple Occupants · Income Tax · Residential Rental Businesses. 10/12/2013 – 10/23/2013 The California State Senate has passed Senate Bill 1196, a bill that allows California individuals to own and have exclusive occupancy of residential property that they have developed and owned for at least four (4) years, through the year 2027, and that was valued at least 750,000 as of September 1, 2013. Read more on the Cal DOT Blog. 15 May 2025 — California has just implemented the Residential Mortgage Interest Tax Credit on the following loans: 1. A purchase loan that is not in the form of a note — the “Qualified Mortgage” — with a 5% down payment, or that is a new construction loan, or a HELOT loan. 2. A home purchase loan made in 2025 through 2025 — whether the loan is refinanced. This includes refinancing, new construction loans, repossessions, foreclosures, or home equity loans. 3. A home purchase loan made through 10/22/2018 — whether the loan is refinanced. This includes refinancing, new construction loans, repossessions, foreclosures, or home equity loans. 4. A home purchase loan made for the purpose of converting from a high interest-only mortgage to a standard, fixed rate mortgage that may be refilled at any time. This includes refinancing, new construction loans, repossessions, foreclosures, or home equity loans. 5. A home purchase loan made with a cash down payment or with a loan that is a qualified principal residence purchase loan. This includes refinancing, new construction loans, repossessions, foreclosures, or home equity loans. For more information on the California ROE, visit CALSERPS.org/RMOE. 1 Nov 2025 — House Bill 2766, authored by Assembly member Miguel Santiago (D) of Los Angeles, AB 5-1340, will allow California homeowners to lease out their California-owned single-family homes for up to three months each year. The bill now goes to the State Senate for debate.
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