Legal Q & A- By Dennis Block

Question One: I am planning on leasing my single family residence. My property is located in San Diego. Am I under any restrictions with regard to the new statewide rent control law, AB 1482? Answer One: A single family residence is exempt from restrictions pursuant to AB 1482. You are free to raise the rent…

Oakland City Council Goes Crazy!- By AOA

    The Oakland City Council has passed a law to make it illegal for housing providers to obtain a criminal background check on prospective tenants.  Berkeley, Emeryville and Alameda may just follow suit.  The measure was passed with no City Council person voting against it. What is it? They called it the Fair Chance…

How to Be a More Successful Landlord- By Jay P. DeCima

Operating rental properties and dealing with your tenants are not separate jobs.  They are inseparable parts of landlording. I owe a great deal of my real estate success to my landlording abilities.  Some folks argue that professional property managers are paid a decent percentage of the gross rental income to relieve owners of this thankless…

March 2020 Letters to the Editor …

Dear AOA:  Today I received my 2020 RSO bill.  On the top is reads:  “New in 2020: The RSO Fees Per Unit Have Been Increased.”   My building is under rent control.  This year, I was allowed to raise my rents 4%.  My RSO unit fees were INCREASED 18%!!  That is crazy. The RSO fee…

Use it or Lose It – Regs to Cut Estate and Gift Tax Exemptions in Half After 2025- By Kenneth Ziskin

California apartment owners should have cheered the Tax Cut and Jobs Act (“TCJA”) provisions that doubled Estate and Gift Tax Exclusions beginning in 2018.  For many apartment owners, these provisions increased the Exclusion to $11.58 million for a single person, and $23.26 million for a married couple in 2020.   Unfortunately, the doubling was only temporary,…

DID YOU KNOW- By Dennis Block

New Requirements under Statewide Rent Control As you might be aware, certain residential income property is exempt under AB 1482. This includes properties which received a Certificate of Occupancy within the last 15 years. In addition, Single Family Residences, Townhomes and Condominiums are exempt unless title is held in a corporation or a real estate…