On February 14th, Valentine’s Day, the Apartment Association of Orange County sued the City of Santa Ana calling the city rent control policies an unconstitutional form of government intervention. The city has enacted a local rent cap of 3% and they are developing a seven-member rental board which will have the authority to resolve tenant-landlord…
DetailsAs it did with citizens throughout America, the pandemic caused massive disruption to the lives of virtually every Californian. Tens of thousands lost their lives, many now have long-term health problems, and countless others lost their jobs or businesses. Moreover, the disastrous handling of the pandemic for school-aged children will likely leave a scar on an…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by Attorney Richard Beckman. Question 1: I am still confused about the eviction moratoriums in Oakland and Alameda County. What is the current status of both? Answer 1: As you probably know, Alameda County supervisors finally voted to…
DetailsBelow are questions asked by rental property owners regarding California rent control laws followed by answers provided by eviction attorney Dennis Block. Question One: A tenant has parked a broken-down car in front of their apartment. I have asked them to remove the car but they have refused. What are my options for getting the car…
DetailsA 1031 Exchange is a powerful tax-saving strategy that allows investment property owners to defer paying capital gains tax when selling property. To take advantage of this strategy, property owners must reinvest the sales proceeds into a “like-kind” investment property of equal or greater value and meet the conditions outlined in the IRS tax code.…
DetailsTrade Show a Huge Success! WOW! What an incredible event! Our “Million Dollar” Trade Show and Landlording Conference last month was a massive success! We had highly knowledgeable speakers who delivered fantastic content, providing our members with a wealth of ideas that will empower them to make and keep more money than ever before. What…
DetailsI am a liberal/progressive Democrat, and I live in West Los Angeles, several miles west of the UCLA campus. Yes, I’m a member of several or more local Democratic Clubs. I’m not going to discuss with you the Constitutional concepts of “taking” of private property without due process, a hearing or compensation, as outlined in…
DetailsThere have been seriously wealthy people since before forever. The first Roman emperor, Octavian (27 BC – 14 AD), accumulated an estimated net worth of $4.6 trillion, equal to 20% of the Roman Empire’s economy. Jakob Fugger amassed somewhere between $400 to $500 billion, equivalent to 2% of Europe’s GDP at the time of his…
DetailsJust because a person has a good result, does not mean that they made a smart decision. [Recently], I did something that I had never done in my previous business career. I walked out of a client meeting because the pain of folly was too severe. Our team worked hard and smart for a year…
DetailsThe Internal Revenue Service’s Criminal Investigation Division has opened up intensive investigations relating to tax and money laundering cases involving COVID-19 relief and has, to date, uncovered fraud totaling $3.2 billion. 236 Sentenced to Federal Prison To date, the IRS has found fraud in 975 cases they have investigated including a large amount of criminal…
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