RSS Feed

May 5, 2020

So happy to bring some good news. Governor Gavin Newsom has announced the reopening of California to Stage 2 THIS FRIDAY, MAY 8th!

What DOES this include?
Places like:
- clothing stores
- florists
- bookstores
- sporting goods stores

All with curbside pick-up.

What...

April 16, 2020

YOUR RENTAL INCOME LOWERED BY 25%??


That is what a legislative proposal called ABA 828, if passed, would require you to do for EVERY tenant living in your apartment building. This bill would even give judges the power to change your rental agreement and tell you what r...

April 15, 2020

LA COUNTY Leaders Greenlight $1k per month aid for renters

An urgent plan that would give Los Angeles County renters hit hard by the economic toll of the novel coronavirus pandemic $1,000 per month for three months, was approved unanimously by the Board of Supervisors...

April 14, 2020

Landlords will not be able to evict a tenant if a tenant can show an inability to pay rent (and/or related charges) due to financial losses from:

  • A diagnosis of COVID-19 or caring for a household/family member who is diagnosed with COVID-19;

  • Layoff, loss of hou...

April 13, 2020

Great News for 1031 exchanges!
 
The IRS has issued Notice 2020-23, which extends a variety of deadlines including 1031 deadlines.
 
Taxpayers with a 45-Day Exchange Period or 180-Day Exchange Period deadline between April 1, 2020 and July 15, 2020 will receive an auto...

April 10, 2020

JUST ANNOUNCED: BE PREPARED TO STAY IN ISOLATION LONGER. LA COUNTY OFFICIALS ANNOUNCE LOCKDOWN EXTENSION TO MAY 15TH. CLICK HERE FOR MORE INFO.

April 9, 2020

STATEMENT FROM KEITH KNOX, TREASURER AND TAX COLLECTOR, REGARDING COVID-19 AND THE APRIL 10 PROPERTY TAX DEADLINE

Statement in Other Languages

I understand that this is a very stressful time, especially for those suffering direct effects from this public health crisis, a...

April 8, 2020

Los Angeles City Small Business Emergency Microloan Program
 
The City of Los Angeles has just recently established the Small Business Emergency Microloan Program. This program now provides financing needed to strengthen small business enterprises in this time of acute...

April 7, 2020

Last week, California Governor Gavin Newsom announced that Los Angeles County will receive state funding to assist local workers and businesses during this crisis. The funding will be used to provide employment, training, and other supportive services to displaced work...

April 6, 2020

Tenants and landlords are both feeling the pressure of April’s rent payments. Luckily, there are resources available to assist! In order to assist our clients and their tenants, we  are providing a list of organizations (and their requirements as available) that offer...