ADUs – One Way to Address Prop. 19’s Inheritance Tax Basis Increase By Mercedes Shaffer

The recent passage of Prop 19 eliminates the parent-child and grandparent-grandchild exclusion from reassessment for properties other than a “family home.” As of February 16, 2021, if you transfer your property to your children (or, grandchildren, if the parents are deceased), via any means (gifts, sale, hybrid, estate plan after your passing, etc.) that property…

Raise the Rent? by Mercedes Shaffer

Is it a good idea to raise the rent every year, especially if you have a great tenant?  So many landlords don’t raise the rent annually for a variety of reasons, so let’s explore the benefits and potential drawbacks. Don’t Want to Lose Your Tenant? One of the most common reasons a landlord doesn’t raise…