Income Property Investment Strategies: Tax Shelters and the Restoration of Classic Properties (Part 3 of 4) – by Terry Moore, CCIM

This column is the third of four part series on building and maintaining legacy wealth, Rehabbing apartments was my first article; repositioning apartments was the second.  Now we will consider investing in classic buildings in highly desirable areas.  Think the beach or Mission Hills. Legacy wealth enables you and those who will inherit from you…

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Legal Q & A by Dennis Block

Question One: I opened an escrow to sell my duplex in Los Angeles. My only tenant is my son and his girlfriend. I gave him a 60-day notice to vacate, but he tells me that he will not vacate. I am afraid I will lose the sale if he does not leave. Do I have…

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Letters to the Editor… TRASH MONOPOLY

Sent to Mayor Dear Mr. Garcetti: I own two rent-controlled properties in District 5 and one in District 2 and am writing to complain about the outrageous rate hike, aka monopoly, that you have forced upon your commercial property owners with the new “let’s recycle” plan.  We were already happily recycling with our trash company…

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