Voters confronting candidates and ballot measures this November should know that excessive government debt, at the national, state, and local level, should be getting a lot more attention than it does now. This column has previously reviewed the state and local bonds appearing on the November ballot as well as a measure designed to make…
I am very sure that readers of Forecasts & Trends are as diligent as I am in following the news. We hear every day about how expensive groceries, energy and housing have become. But for those of us who are empty nesters or with just a 1- or 2-person household, our family expenses have already been reduced…
Below are questions asked by rental property owners regarding California property management, followed by answers provided by the law firm of Simone and Blevins. Q: I own a single-family home in Pacific Beach and I recently accepted a tenant with a Section 8 housing voucher. This tenant has a lease until December 2024. I do…
If you are an owner of an apartment property that has been non-renewed by an insurance carrier for any reason, you’re likely being faced with an increase in insurance costs you weren’t prepared for. You may also be faced with an inability to maintain the insurance protection you would desire. We are honored to help…
Tribute to Dan Faller, AOA’s Founder Dear Dan: We heard that you have now retired. Congratulations! We have always appreciated your character from the first time we interacted in your 1975 “Adventure in Attitudes” course. In the subsequent decades, our appreciation never abated during the entire time of your leadership of AOA. We want to…
(The below article was written by Phil Denney for Gary Halbert’s Forecasts and Trends E-Letter.) As a follow up to my previous article about the importance of Cybersecurity Awareness, let’s look at investment fraud committed against seniors. After completing a couple of continuing education courses on the subject, I became very aware of how rampant investment fraud…
For properties like senior living communities, the request for a live-in aide is a regular request, and the process is familiar to many of the staff. For other properties, these requests aren’t all that common and can cause some stress due to lack of experience. What are some of the nuances you should be aware…
The Internal Revenue Service issued final regulations last year that provides a safe harbor under which a rental real estate enterprise will be treated as a trade or business solely for the purposes of Internal Revenue Code Section 199A, the qualified business income deduction. Tax Cut and Jobs Act (TCJA) Created Trade or Business under…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Why am I seeing lots of references to ‘Prop 33’? Answer 1: Called the ‘Justice for Renters Act’, Proposition 33 is now on the November 5th ballot. If passed, it would, essentially,…
Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: I recently was served by the City of Alhambra a “Notice of Violation” that there was a plumbing issue in one of my units. My tenant never informed me of…