Tax Deductions for Landlords: Maximizing Your Rental Property Savings
Tax season can be a daunting time for landlords, with the potential to impact their financial stability. However, understanding available deductions offers an opportunity to mitigate some of the expenses associated with renting out properties. From mortgage interest to insurance premiums, landlords can take advantage of various tax breaks that can lead to significant savings. […]
Los Angeles’ Just Cause Eviction Rules: What Landlords Must Know
In Los Angeles, where approximately 44% of residents rent their homes, landlords manage a major portion of the city’s housing. While many rental agreements remain problem-free, eviction becomes necessary at times to address lease violations, protect property safety, or regain possession for personal use. However, recent changes to the city’s LA tenant eviction laws have […]
City of Burbank Tenant Protection
On July 30, 2024, the city of Burbank passed an ordinance amending Chapter 4 of Title 5 by increasing relocation assistance for all no-fault just cause evictions. The amendment also added extra protection against landlord retaliation. No-Fault Just Cause Evictions and Relocation Assistance These types of evictions are exactly what the name implies. It is […]
AB2347 Extends the Time Tenant’s Have to File an Answer
AB2347 Extends the Time Tenant’s Have to File an Answer In September of 2024, California Assembly Bill 2347 (AB2347) passed, introducing important changes to the timeline for tenants facing eviction proceedings. AB 2347 addressed the issue of the response time once a defendant is served with a summons in an unlawful detainer (eviction) lawsuit. Prior […]
Glendale Owner Occupancy Eviction
The city of Glendale gives Landlords the option to recover possession of their property if they are seeking in good faith to use the rental unit for occupancy by either a resident manager, the Landlord themselves (including spouse, grandparents, brothers, sisters, in laws, children or parents).It is important to note that the unit MUST be […]
City of Burbank Substantial Remodel
The city of Burbank is often called the “Media Capital of the World” because it is home to some of the most iconic media companies, including major Hollywood studios like Warner Bros., Disney, and NBC. In many cities, including Burbank, CA, where housing markets are tightly tied to industry demand (like media and entertainment), a […]
California’s 30 Day Notice-to-Vacate Law: Landlord and Tenant Rights
The eviction process in California can be confusing for tenants and landlords. Landlords need to know if they’re legally required to give notice and how far in advance the notice needs to be provided. Tenants also need to understand their rights and the impact of recently passed laws. Evictions have complicated rules you must follow, […]
Covid relief; Senate Bill 91 explained
As Covid continues to wreak havoc on California and the country at large, the California legislature has passed new laws to prevent tenants from being evicted in an effort to prevent the situation from getting worse. Millions are out of work and cannot pay their rent. Landlords are being faced with the squeeze of not […]
Ensure Proper Notice When Filing an Unlawful Detainer
In the case of Long Beach Beach Brethren Manor, Inc. v. Leverett, LLBM appeals the judgment in its unlawful detainer action in favor of the tenant. Landlord contends the judgment should be reversed because the trial court erred in granting Tenant’s motion for summary judgment. Landlord originally filed its unlawful detainer on August 11, 2014, alleging […]
Short Term Rentals in the Los Angeles Market
Curbed LA has an interesting article regarding the number of rental units being taken off the market in order to feed the demand of short term rentals. The article is “Short Term Rentals Are Taking 11 Units off the LA Rental Market Every Day” The article provides lots of statistics and research into the number […]
