When it comes to tax deductions, there are a few schools of thoughts. There are the people who want to write off everything, whether it’s legal or not, and figure the cost of an IRS audit won’t be that bad. Or else they think they can’t ever get caught. They are invisible, or so they…
It happens – you get a losing hand in poker, you pick the slow line at the checkout, you pick a bad tenant. It’s a matter of the numbers, in my case, more tenants equal more numbers and more chances for something to go off the rails, but the important part is you have to deal…
About a week ago, we sent out an Action Alert concerning AB 1506. If you dismissed it and deleted it from your e-mail, or if you hear from us only by this newsletter, here’s the ugly story: this bill will repeal the Costa-Hawkins Rental Housing Act, in effect since 1995. Central Valley Democratic Assembly member…
Assembly Bill 1506 would repeal the State Limits on Local Rent Control Regulations and Ordinances. AB 1506 would repeal the 1995 Costa-Hawkins Fair Housing Act which made it unlawful in the State of California to extend “Rent Control” to single dwelling homes, condominiums, granny flats, duplexes and all new construction. Further, it allows landlords to…
Hello everybody. AOA members who have been followers of this column over the years have seen how perplexing our laws are with respect to resident managers. Unfortunately, starting July 1, 2017, they become even more complicated. July 1 is the date that a number of cities, such as San Francisco, Pasadena, San Jose, Los Angeles…
Q: I have a tenant who moved into his rental unit last month. I included a provision in his lease that prohibits smoking cigarettes in his unit. Now, his neighbors are complaining that cigarette smoke from his unit is seeping through their air vents. When I approached the tenant he told me that he has…
Why Do My Tenants Need Renters Insurance? Fire, Explosion, Smoke, and Water Damage are just a few examples of the types of losses caused by tenants. Did you know…?
You have heard it all before. Some of us have even said it ourselves – “Being a landlord can be a pain.” Most people in this country will agree that it makes a lot of sense to buy property and invest in real estate. We also know all the benefits of investing in real estate. …
Opposition to Assembly Bill AB1506 Repeal of 1995 Costa-Hawkins Fair Housing Act By Michael Millman The below letter was sent to State Assemblypersons listed below at Capital Office/P.O. Box 942849, Sacramento, CA 94249.
A Denver-based apartment management company has sued Airbnb in California and Florida state courts alleging Airbnb assists tenants in breaching their leases by subletting their apartments, according to a release.