November 2020

Have San Francisco Rents Declined? By the Small Property Owners Association of San Francisco After reviewing all of the responses to this month’s question, it appears that San Francisco rents have declined generally in the 10-12% range overall, although some members have seen larger declines while others are weathering the storm fairly unscathed. Despite the…

Get Ready for Your Fall and Winter Maintenance By Matt Kohl Arriving home one hectic day from work, all I wanted to do was nothing.  Instead, I arrived to find a little pond in my front yard that had not been there when I left that morning.  As you can imagine, I wasn’t very happy…

Major Victory for California Taxpayers – L.A. County Fined $1.3 Million! By Jon Coupal, President of Howard Jarvis Taxpayers Association   The Fair Political Practices Commission (FPPC) imposed one of the largest fines ever against Los Angeles County for using taxpayer funds for political ads touting Measure H, a sales tax increase on the ballot…

How to Effectively Manage Property by Rob Chiang   Have you ever felt overwhelmed by your apartment operations?  You are not alone!  Whether you own 10 units or 200 units, managing both portfolio sizes could take eight hours a day.  We want to share with you where to put your time, energy, and resources.  Once…

How to Build Real Estate Reserves in a COVID–19 Environment By Cliff Hockley   Who expected a COVID -19 virus and planned for it? Who expected the government to tell residential and commercial tenants that they did not have to pay their rents? And who saved enough money in their property reserves to cover mortgage…

Five Tips for a Healthier Thanksgiving                                       by The American Institute for Cancer Research Looking for ways to keep from piling on the food and the pounds over the holidays? Here are five things to keep in mind before, during, and after next week’s big gathering. Tip # 1: Vary it Up As you go about…

Can’t Pay Taxes? Offer in Compromise Program By Pete Muffoletto An Offer in Compromise (OIC) is a program for taxpayers who cannot pay their tax liabilities in full. Both the IRS and many state and local taxing authorities have an OIC program.  During 2018 the IRS accepted 24,000 offers which amounted to $261.3 million in…

How Cost Segregation Can Benefit Property Owners and Managers by David Crown   Class is in session, and today you’ll learn how cost segregation can lead to accelerated depreciation of an income property. Now, before we begin, I want to clarify that I am neither an attorney nor an accountant, so please don’t take the…

Before You Do a 1031 Exchange, Consider These Four Alternative Investment Options By Dwight Kay, Founder and CEO, Kay Properties & Investments, LLC   1031 exchange investors have multiple options – not just direct ownership of an income property. One of the most attractive real estate tax benefits available in the U.S. is the like-kind…