It’s been over two years since the eviction moratorium, and some landlords have collected no rent for that entire period. Many housing providers received no relief from housingiskey.com while others have given up on the whole idea of providing housing and sold their units. Investors are avoiding California and are investing in more “landlord-friendly” environments. …
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: Are we allowed to seek unpaid rent now by going to small claims court? Answer 1: Depending on when the rent accrued, and what jurisdiction (city etc) your tenancy is located…
DetailsCalifornia Storm Threatens $725 Billion Worth of Damage On July 4, 2019, a 6.4 magnitude earthquake hit just north of Los Angeles, California. The next day, a 7.1 magnitude earthquake hit the area. Now, scientists are predicting a massive California storm that could cause a building toppling earthquake and the collapse of the Whittier Narrows…
DetailsIn his federal budget for fiscal year 2023 that he unveiled earlier this month, President Biden proposed a huge new tax increase on America’s wealthiest citizens. The administration labeled it the “billionaires’ tax” and promised it would finally bring fairness to our tax code by making the richest Americans pay at least 20% of their wealth gains annually to…
DetailsA Limited Liability Company (LLC) is designed to protect your assets from lawsuit liabilities. A Living Trust is designed to preserve your assets from unnecessary taxes, probate, and court control of your estate when you die or if you become incapacitated. The LLC is a corporate entity featuring liability protection for its owner(s), much like…
DetailsThe claim of Emotional Support Animals (ESA) has been the largest abuse on income property owners. Any tenant can pay for a certificate, which thereby allows multiple animals to occupy your property. This is true regardless of a “no pet” policy which may exist in your building. Thankfully, there have been some recent changes in…
DetailsCost segregation studies are a very effective way to generate savings when buying investment property. They should be considered by every real estate investor on every transaction. When optimized, they can increase cash flows, reduce tax liability, and uncover missed deductions. What is a Cost Segregation Study? A cost segregation study (CSS) is an engineering/accounting…
DetailsOne Nevada landlord and property manager have settled with the U.S. Department of Housing and Urban Development (HUD) after they refused to rent to a tenant with a disability who had a dog as an assistance animal, according to a release. The landlord and property manager agreed to pay $6,500 to resolve allegations of discrimination brought…
DetailsOver the years, multi-family developers have come to recognize the importance of strong in-building Wi-Fi and cellular data systems to be on par with other critical utilities. It’s a modest exaggeration to say that a powerful signal is nearly as important to building residents and staff as water and electricity. In fact, we are living…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney, Dennis Block. Question One: I leased a condominium to a tenant less than a year ago. I have learned that the tenant has advertised the unit through apartments.com and is subletting the unit to other people. The…
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