New HUD Criteria Under the Fair Housing Act For Screening Applicants for Prior Criminal Conduct – By Judy Drickey-Prohow, Esq.

On November 30, 2015 the United States Department of Housing and Urban Development (HUD) issued new guidance involving the use of criminal background screening in federally assisted properties. In honor of Fair Housing Month, HUD issued new guidance on April 4, 2016 for this topic for all communities. That guidance, which was effective immediately, requires…

Details

Do Well By Doing Good – Use a Capital Gains Bypass Trust to Save Taxes When You Sell – by Attorney Kenneth Ziskin

Suppose that the time seems right to sell your building, but you cringe at the thought of letting Federal and California taxes confiscate up to 37.1% (and up to 42.1% on depreciation recapture!) of your hard earned gains. Tax laws have long provided a way to escape these confiscatory taxes, by using a Capital Gains…

Details

Something to Think About # 46: Uncle Sally’s Nephew, Part 9 – By Klarise Yahya, Commercial Loan Broker – BRE: 00957107- MLO: 249261

Possibly the biggest thing that troubled Emily about her rental house was that it took seven months from the close of escrow until she deposited her first rent check. She’d been feeding it from her savings, and towards the end her reserves began to run scary short. It got so bad that Banana Pudding made…

Details

Will Average Californians Get Help from Sacramento? – By Jon Coupal, President of Howard Jarvis’ Taxpayers Association

So much of what comes out of the Capitol hurts average Californians. Efforts to impose new taxes, onerous regulations or laws that dictate lifestyle choices like how much soda one drinks, have citizens ducking for cover. But every now and then, bills are introduced that cut against the stereotype by providing genuine benefit to average…

Details