On January 25, 2022, the Los Angeles County Board of Supervisors voted to extend the COVID-19 Tenant Protections Resolution through December 31, 2022, unless repealed or further extended by the Board. What is the County’s COVID-19 Tenant Protections Resolution? The County’s COVID-19 Tenant Protections Resolution (formerly the LA County Eviction Moratorium), which went into effect…
Many businesses have contracted, evolved, and adapted to stay afloat through waves of COVID-19 cases and the corresponding restrictions, especially in California, which was hit so badly in recent months. As we hope that the vaccine begins to reduce cases and bring these restrictions to an end, 2021 carries with it yet another existential threat…
The mere thought of applying for California COVID-19 Rent Relief can appear to be an overwhelming process for a landlord with multiple rentals and for anyone who already has a very busy schedule. If you also have health issues or other disability challenges, trying to get acclimated to the requirements can seem like a tremendous…
Job losses due to COVID-19 have placed many San Francisco renters in financial jeopardy. Initially, they may have had personal resources available, like savings or loans from family members to keep them afloat. But as time went on and those resources were depleted, they found themselves unable to pay their rent. Owners who have suffered…
Global debt has surged by $24 trillion in the last year, driven largely by the response to the COVID-19 pandemic, the Institute of International Finance (IIF) announced in March. With global debt now totaling a record $281 trillion, the ratio of debt to global GDP has risen 35 points to 355%, according to the group’s calculations. The latest increase in the…
There is a difference between a leader who fights for a cause for the betterment of their community and one who games the system in a hypocritical pursuit of their own agenda. In critical times such as these, we need more of the former and as few as possible of the latter. On May 1,…
In this time of uncertainty and struggle, amid danger and misinformation, the last thing we should do is assume the worst about each other. Crises like the current pandemic inevitably divide people to some extent (and this one divides us physically from one another), but when we rigidly refuse to give the benefit of the…
When selling real estate investment property, investors generally have two options: Pay the taxes on any gains from the sale, or, Conduct a 1031 exchange and defer the taxes owed. Recently, because of the financial uncertainty surrounding 01and the overall state of the economy, some investors are choosing to pay the taxes on any…
The COVID-19 pandemic has affected everyone in the world – where most of the retail and commercial spaces are hit the hardest. Most of the tenants that have retail and commercial spaces throughout California have been considered non-essential have been forced to close per federal and state orders. Sadly, the tenants and owners of these…
Dan: Below is what I sent to our Governor, per your suggestion. Lawrence Rubenstein The Honorable Gavin Newsom Governor of California 1303 10th Street, Suite 1173 Sacramento, CA 95814 Dear Governor Newsom: Clearly, the Coronavirus pandemic is a serious situation. Sadly, our man-made response to it may well make it even worse. I own…