NEW WAGES FOR RESIDENT MANAGERS! Alameda City, California, Enacts Minimum Wage Ordinance The City of Alameda, California has passed an ordinance establishing a local minimum wage that applies to all employees who work at least two hours in a calendar week within the city as follows: July 1, 2019 – $13.50 July 1, 2020 –…
DetailsReviewing your portfolio of investment properties should provide a sense of satisfaction. Thanks to your decades of hard work, your portfolio generates cash and operates like a well-oiled machine. But would this continue without you? Is your spouse or successor up to speed on how your portfolio operates? Do they know the addresses for each…
DetailsPart 1 of the Ordinance – Benchmarking Los Angeles is not the first city to implement energy benchmarking, New York City, Denver Colorado, Boston Massachusetts, Washington DC, Berkeley, San Jose and San Francisco among others led the way.
DetailsDear Dan: You may recall from our last President’s Circle update that we predicted very rough waters for California taxpayers after the November election. Regrettably, we were right. Sacramento politicians are now trying to outdo each other in conjuring up new ways to tax California homeowners, citizen taxpayers and businesses both large and small. And,…
DetailsThe below article is from the California Business Properties Association. Established in 1972, CBPA proudly serves as the legislative and regulatory advocate for property owners, tenants, developers, retailers, contractors, land use attorneys, brokers, and other professionals in the industry by representing their interests at the State Capitol and in Washington, D.C.
DetailsHopefully, if you own apartments in the City of Los Angeles and are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit, which was due by February 29, 2019. Serving a timely notice, you may collect one- half of those fees from your tenants.
My readership has long been dominated by free-market conservatives who believe in lower taxes, less regulation and smaller government. Yet I have always had a smaller contingent of readers who are big government liberals, but they like reading me to help them understand how conservatives think. I appreciate everyone who reads my work.
If you own or rent an apartment, office, commercial, or industrial space in an area of Los Angeles County that is serviced by the Los Angeles Unified School District, you must read this. It does not matter if you are an owner or renter, as a result your property taxes and/or your rent will be…
DetailsQuestion 1: I have a question regarding getting additional security deposit from a tenant in a rent controlled Oakland apartment. Tenant has been in building in Oakland for 20 years. Security deposit is currently $725.00. Current rent is $1,277.00. Would like to increase security deposit to $1300. Can I do so? What form do I…
DetailsThe anti-Prop.13 coalition filed a ballot measure for 2020 that would let local bureaucrats reassess property and raise property taxes without limit – just like the Bad Old Days before Proposition 13.
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