Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: Mr. Block, my tenant has not paid rent for over 28 months. In addition, he has also brought in additional people, which has caused my water bill to increase. When is this nightmare…
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 IRC…
Hey South Bay! We created a resource page specifically for housing providers who own property in the South Bay. You will find local contractors and vendors along with other resources that you may need as you manage your properties. This page also hosts local articles from the AOA Magazine. Localized YouTube Content! We reorganized our…
You may have noticed that the monthly column entitled “Legal Q & A” now features legal questions specific to Orange County. If you didn’t happen to notice it in the January Issue of the AOA Magazine, then you can dust off last month’s issue or you can find that article online at AOAUSA.com. New Local…
From time to time, residents may want or need to notify you of maintenance requests. How, then, do landlords prefer that residents notify them when they have a request? That question and the responses were one of the hot topics on our Q&A Forum this week. The landlords who responded indicated that there is not…
Renting to students often poses specific problems that even experienced property managers may miss. Based on our experience, the five most common mistakes property pros make when working with students are: Underestimating the Value and Reliability of International Students International students are screened by the Department of Defense and typically need to be affluent to…
Let me tell you a true story. Some of the details are modified to ensure privacy. “Bob” and “George” have been friends longer than either of them has been married. They were in each other’s weddings. When they were young and stupid, they did young and stupid things together, but they didn’t get hurt or…
P. Getty, Sr. – Dec 12, 1892 – Jun 6, 1976 (Jean, pronounced “John” with a soft “J”) Paul Getty was born in Minneapolis, Minnesota on December 15, 1892, to George Franklin Getty, an attorney, and his wife, Sarah Risher Getty. He was to be George and Sarah’s only child. The father, George Franklin, eventually…
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending. What is Driving Us Toward an Economic Contraction? The primary factors driving us toward an economic contraction include the following: Increased fuel costs and worldwide lack…
As reported by the San Francisco Chronicle, Antioch is only the latest city in the Bay Area to enact stronger rent protections by capping rent at 3% or 60% of the Consumer Price Index (CPI), whichever amount is less. Our earlier article discussed some of the forces at play in the spread of rent and tenant protection measures…