Proposition 13: Same Song, Different Decade by Jon Coupal, President of Howard Jarvis Taxpayers Association

More than 42 years ago, California voters overwhelmingly enacted Proposition 13 in response to out-of-control property taxes. Even with the passage of time, Prop. 13 remains very popular among citizens of all political stripes. Nonetheless, many politicians and bureaucrats hate Prop. 13 because it prevents them from taking unlimited cash from the taxpaying public. In…

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The Importance of the Private Placement Memorandum (PPM) for Delaware Statutory Trust 1031 Exchange Investors by Kay Properties

All Delaware Statutory Trust 1031 Exchange real estate investments must be accompanied by a unique Private Placement Memorandum (PPM) as part of its due diligence and marketing presentations. However, even more importantly, all potential investors must make a point to read thoroughly the contents of the PPM in order to get a full picture of…

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Why Work with a Licensed 1031 Exchange Advisor? Austin Bowlin, CPA – Partner at Real Estate Transition Solutions

Austin Bowlin IRC Section 1031 is undeniably one of the most generous sections of the tax code; however, the IRS rules and timing requirements to complete a tax deferred 1031 exchange are stringent. Navigating the 1031 process can be complex and a misstep can result in either a failed exchange or the purchase of replacement property that is not suitable. Experienced real estate…

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SB 9: City of Los Angeles Just-Released Guidelines – More Cities Releasing Daily by Seth Phillips

SB 9 also known as the (HOME ACT) went into effect Statewide in California on Jan. 1 2022. The City of Los Angeles along with many other California Cities and Counties are publishing their own guidelines daily.  As expected, and as seen previously when the state ADU laws first went into effect, some local governments…

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