In a scene that hasn’t been witnessed in California in almost 30 years but was perhaps more reminiscent of the late 60’s, the Richmond City Council passed a rent control ordinance, limiting annual hikes to what currently amounts to 2%.
Question 1: Are there any new landlord-tenant laws we should know about for 2016?
Julie just purchased a 40 unit apartment property, built in 1980 in southern Texas, a town’s name that will be kept secret for now… to protect the innocent. It gets so hot in this part of Texas that all units have air conditioning and of course brick clad exterior to keep it cool inside. The…Details
“Lawyer Tax” on Real Estate Removed, For Now – By Jon Coupal, President of the Howard Jarvis Taxpayers Association
Finally, those leaving property to their heirs will be able to avoid the expense of hiring an attorney. There is no need to make the inheritance of real estate so costly that it becomes a hardship on homeowners, especially low income families and seniors.
As we ponder our legacy and consider what we can leave to our kids, grandkids, friends and charity, most of us need not be too concerned about the impact of estate taxes. This stands in sharp contrast to the situation that existed not long ago. In 2001, estates exceeding $675,000 were potentially subject to these…Details
Cut-out Summary ALBERSTONE & ALBERSTONE DALE S. ALBERSTONE, ESQ. 1900 Avenue of the Stars, Suite 650, Los Angeles, CA 90067 TELEPHONE: (310) 277-7300 FAX: (310) 277-7307 Apartment Managers: Wage, Hour and Rent Laws for 2016Details
Hello everybody. Most everyone hopes that 2016 will bring about world peace, a strong economy, a good presidential election and other important things like that. As the legal writer for the Apartment Owners Association, my wish and 2016 New Year’s Resolution for AOA members is more modest, but nonetheless extremely important for owners and management…Details
Landlording Sucks If You Don’t Know What You’re Doing and … Six Main Keys for Getting 100% of the Income – By Jeffrey Taylor, “Mr. Landlord”
While rental houses are a great line of business to get into, in order to make consistent cash flow and long-term wealth, there are a few survival strategies to consider. This is particularly true if you are managing them yourself. There are all kinds of reasons that rentals are a good, solid investment for most…Details
Since 1984, I have lived primarily in San Francisco. Before I moved to my home in Oakland in 2004 I lived in a one bedroom apartment in a 12-unit building at the top of Russian Hill – one block from the “crookedest street in the world”. When I moved, I was paying $640 in monthly…Details
Question One: My tenant has just given me notice that he will be vacating in 30 days. He is currently on a one-year lease which will not expire until June, 2016. He informs me that since his place of employment is relocating, he has the right to have an early termination of the lease. Is…Details