1031 Exchanges and Debt Replacement The reason for selling and buying real estate via a 1031 exchange is to defer capital gains tax that would otherwise be due on the sale. By “exchanging” one or more pieces of property for one or more like-kind pieces of equal or greater value, and by adhering to IRS…
City Hall Scandals and the Housing Shortage By-Noni Richen, President of San Francisco Small Property Owners Association
Can you believe what is happening at City Hall? All the revelations of questionable conduct and decisions are shocking and disappointing. The investigation is dubbed “an FBI wide-ranging corruption case.” It seems we should be bracing ourselves for the next volley. Wouldn’t it be great to have an investigation of all departments by an impartial…
Eviction of Former Owner Not all eviction cases involve tenants. In some cases, an unlawful detainer can involve the eviction of the former owner. This can come up in two situations. In one scenario the former owner has sold the house and refuses to vacate. There is also the situation where the premises have been…
PA Fines Two Companies Over $42,000 for Lead-Based Paint Violations From the Environmental Protection Agency
NEWS RELEASE The U.S. Environmental Protection Agency (EPA) announced two settlements in San Diego County, California, for violations of federal regulations related to lead.
39 Money-Saving “Short Cuts” for Rental Housing Providers
Dear Members of the Council: As an owner and manager of income property, I have been losing the struggle for fairness from this Council. The last four years have seen a steady reduction of property rights via the implementation of a terrible Rent Control, Tenant Protection and the Ellis Act.
The number one source of resident/landlord disputes is the disposition of the resident’s security deposit. Many of these potential problems can be resolved with proper procedures even before the resident takes possession of the rental by using a move-in / move-out inspection checklist.
Property Manager Ordered By Court to Pay $160,000 in Sexual Harassment Settlement! By- the Editors of the Rental Housing Journal
A Kansas property manager and his wife must pay $160,000 in damages and civil penalties to resolve a sexual harassment Fair Housing Act lawsuit alleging that he harassed numerous female tenants since at least 2009 at residential properties he owned or operated, according to a release from the U.S. Department of Justice.
Protecting Taxpayers in a Time of Crisis By-Jon Coupal, President of Howard Jarvis Taxpayers Association
The word “unprecedented” is fitting for the coronavirus crisis that is now savaging both the health of countless Americans as well as our nation’s economy. Not since September 11th has the United States faced such a challenge.
One of the first cases in the United States to challenge a landlord’s blanket ban on renting to people with criminal records as discriminatory, has resulted in a settlement for the plaintiff of more than a million dollars. The plaintiff in that case, The Fortune Society (“Fortune”), is a non-profit organization that provides housing and…