Hey L.A. County! We created a resource page specifically for housing providers who own property in the Los Angeles area. You will find local contractors and vendors along with other resources that you may need as you manage your properties. This page also hosts local articles from the AOA Magazine. Localized YouTube Content! We reorganized…
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key U.S. interest rate in more than 40 years. After another dismal inflation report (see below), economists predict a full-percentage-point increase in the Fed’s benchmark…
Taxes are too high in California, but that doesn’t mean they can’t go higher. A bill now pending in Sacramento would create a new agency in Los Angeles County with the authority to invent new taxes, including parcel taxes, gross receipts taxes on businesses, document transfer taxes and various kinds of bond debt that would…
The Los Angeles City Council has unanimously approved adding a proposal to the November ballot which will dramatically increase transfer taxes in Los Angeles. Increase of Transfer Tax The proposed provision to the November ballot will increase the transfer tax on the sale of multimillion-dollar properties to allegedly help pay for housing local homeless people…
Below is a letter that was sent by Attorney Michael Millman to Anna Ortega of the Los Angeles Housing Department. Dear Anna: I hope that you, your family, staff and others are well, healthy and safe. We’ve known each other for years. The history is undisputed. The Rent Stabilization Ordinance, (RSO), provides that each year,…