Marriage of Leininger CA1/4

BACKGROUND

A. The Marriage and Relevant Community Assets The parties married in July 1992. Prior to the marriage, Paul started a business known as Challenge Electronics in 1980, which later became known as Absolute Technology. Four years after the marriage, Paul incorporated the business as a subchapter S corporation known as ABX Engineering, Inc. (ABX). In 1997, to accommodate ABX’s need for office space, the parties bought 880 Hinckley Road, Burlingame (880 Hinckley Road). To address ABX’s continued expansion, in 2003 the parties purchased 839 Hinckley Road, Burlingame (839 Hinckley Road) and, in 2010, 875 Stanton Road, Burlingame (875 Stanton Road). They also owned income-producing residential property (rental property) and unimproved land. They lived in the community residence at 405 Chapin Lane, Hillsborough (community residence or Chapin Lane) until August 2013, when Paul moved out. Carol lived there until its sale in November 2018. B. Dissolution Proceedings Carol and Paul separated in November 2012. Following separation and prior to the 2019 trial, the parties reached several stipulations. By court order dated August 5, 2013 (August 2013 order), the parties…