L.A.’s Rich Already Scheming to Avoid New “Mansion Tax” By Lloyd Segal, President of Los Angeles County Real Estate Investors Association

Just weeks after Los Angeles voters backed a new measure that puts a one-time transfer tax on property sales above $5 million (to generate money for affordable housing and homelessness prevention), the city’s affluent homeowners are already exploring potential ways of avoiding the tax. Known as Measure ULA (for “United to House LA”) the ordinance…

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Apartment EV Charging: A Progressive, Sustainable Management Strategy By The Editors of The Rental Housing Journal

Apartment hunting can be challenging for electric vehicle owners since they see charging stations as a necessity, not an amenity, in the community. Electric vehicle charging stations, and other next-gen amenities, can be effective tools for marketing a property, but only if used effectively. The landscape of property management and ownership is expected to undergo…

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AB 2559: The Reusable Tenant Screening Report Becomes Law – By Peter Reitz, SPOSF/SPOSFI Executive Director

On September 13, Governor Newsom signed into law AB 2559, a bill sponsored by Assemblyman Chris Ward, “to standardize reusable screening reports (RTSR) for rental applicants that can be used multiple times within a 30-day window.” Their purpose is to reduce a tenant’s cumulative financial burden of rental application screening fees, which may be as…

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Coming Next Month! The FREE “Million Dollar” Trade Show and Landlording Conference and Landlords of Alameda County: No Good Deed Goes Unpunished

Coming Next Month!  The FREE “Million Dollar” Trade Sholl want to remember to mark your calendars for the big “Million Dollar Trade Show and Landlording Conference” next month.  The big show will be held on Wednesday, April 19 at the Los Angeles Convention Center in West Hall A! You’ll meet vendors galore with new products…

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Legal Q & A – By Richard Beckman, Esq.

Below are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1:  As always, any update on the lawsuits against the eviction moratoriums in Oakland and Alameda County? Answer 1: In the City of Alameda’s lawsuit against the Alameda County moratorium (City of Alameda…

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Is California’s Drought Over? Water Providers Still Predict Shortages for 2023 By CalMatters

December has delivered a powerful punch of storms to California. But the wet weather comes with a dry dose of reality: The state’s largest reservoirs remain badly depleted, projected water deliveries are low, wells are drying up, and the Colorado River’s water, already diminished by a megadrought, is severely overallocated. Throughout California, urban water managers…

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Six Potential Benefits of Exchanging into Delaware Statutory Trust Properties By Dwight Kay, Founder and CEO Kay Properties & Investments

There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST investments, and as with all real estate investments, investors should consult their…

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