*Receipts Required For a Security Deposit A security deposit itemization must include receipts or estimates, if you are deducting for items which total $125 or more. If a receipt cannot be obtained within the 21 day period, in which the itemization must be mailed, make reference to the fact that the receipts will be sent…Details
The regulatory state began last century during the New Deal, inspired by earlier Progressives who believed that individualism, capitalism and the Constitution were obstacles to prosperity. They imagined a future in which government “experts”, (i.e., administrative agency bureaucrats), would lead and control the economy, subordination economic freedom and private property rights to what they perceive…Details
Although it is not obvious to everyone, mailbox manufacturers, property crime statistics and post office personnel will tell you that there has been a recent uptick in mail theft, identity fraud and check forgery. Although it’s hard to pin down the causes precisely, Cascade Building Inc. a specialist in mailbox security upgrading, believes that there…Details
Did the Enemies of Proposition 13 Blink on ‘Split-Roll’ Initiative? – by Jon Coupal, President of Howard Jarvis Taxpayers Association
A reporter for the Bay Area News Group stopped by the government office in Santa Clara County and concluded that while people standing in line to pay their property taxes were upset with the heavy burden, they had scant knowledge of California’s iconic Proposition 13. What most were probably unaware of is that their taxes…Details
Real estate investors are facing the interesting challenge of where to put their money once they have sold their real estate assets. As most of us have experienced when selling real estate outright, there are always the significant state and federal tax bills to be considered. Unfortunately, there is virtually nothing to trade into because…Details
Hopefully, if you own apartments in the City of Los Angelesand are under the L.A. Rent Stabilization Ordinance, you have already paid your building’s registration fees of $24.51 per unit, which was due by February 29, 2018. Serving a timely notice, you may collect one- half of those fees from your tenants.
Q: I hired a property management company to take over managing my properties. What do I need to do to let my tenants know that I will not be managing my properties anymore?
The authors spoke at our January members’ meeting on the importance of familiarizing ourselves with the serious issue of mold and lead. Here’s a summary of their presentation. Mold Mold is fungus, and mold spores are present outside and inside of our homes every day. This is normal. In fact, many molds are beneficial, such…Details
If your building is in one of the nine cities listed below, you must pay interest on the security deposit once a year and at the end of the tenancy. The cities of Watsonville and Santa Cruz* do not have rent control, however, they also require you pay interest on security deposits once a year. …Details
Largest Bed Bug Verdict in U.S. – Tenants Get $1.6 Million! – by the Editors of the Rental Housing Journal
A jury has awarded a California family $1.6 million in one of the largest single bed bug case awards ever reported against an apartment owner, according to a release. Liliana Martinez told NBC in Los Angeles her family suffered for months with bed bugs at the Kahala Islander Apartments in Inglewood, California in 2010. She…Details