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Archive for March, 2017

Top 5 Tax Tips for Real Estate Investors – by Phil Pustejovsky

Posted on 01. Mar, 2017 by .

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Are you maximizing your tax savings in your real estate investing business? Now is a great time for you to make sure you have structured your investing operation properly, so you take full advantage of the tax benefits of being a real estate investor.  [...]

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Legal Q & A – by Richard Beckman, Attorney

Posted on 01. Mar, 2017 by .

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Question 1: I am in the process of renting my single family home in Danville, CA, and I did specify in the ad that “no pets” are allowed. I have two legal questions:
1) A potential applicant called me and told me that she has a “service” dog. Can I legally tell her, over the phone, that ‘no pet’ means ‘no pet’?
2)  I had another potential applicant who I found out from public records is a registered sex offender. Assuming he is otherwise qualified for the house, can I legally reject him because is a registered sex offender? I am trying to make some sense/connection out of the article “landlord fined thousands for discriminating against felons!” in AOAUSA December 2016 edition.  [...]

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Dear Gabby: The Anatomy of a Perfect Property Manager – by “Gabby”

Posted on 01. Mar, 2017 by .

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Dear Gabby: I knew being a property manager isn’t easy, but it’s proving to be a lot harder than I imagined. There are so many responsibilities to balance, but I’m still determined to be the best in the biz. Any tips?  Sincerely,  IWannaBeTheVeryBest [...]

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Five Secrets Your Residents are Hiding – by Jeff Taylor, “Mr. Landlord”

Posted on 01. Mar, 2017 by .

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Show It Occupied! Some landlords prefer to show upcoming vacancies to prospective residents while the current resident is still living there. Others prefer to wait until the property is empty. I personally think it’s better financially (for you and the residents) to get the full cooperation of the current resident and to show properties while they are still occupied. One of the regular contributors to Mr. Landlord shared his strategy recently on how he is able to effectively show rentals while still occupied. [...]

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What to Expect in President Trump’s First 100 Days – by Gary D. Halbert

Posted on 01. Mar, 2017 by .

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Many of America’s voters are still stunned that Donald Trump was elected president and that includes some who voted for him but didn’t think he could win.

As such, American voters on both sides of the political aisle are scrambling to get a handle on what President Trump will try to get done in the weeks and months just ahead.  I’m getting this question from lots of friends and business associates (as if I know).

What follows is a quick summary of what President Trump’s highest priorities are likely to be in his first 100 days in office.  He will no doubt have plenty of other initiatives he’ll try in the first 100 days. [...]

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The Perils of Hiring an Unlicensed Contractor to Work on Your Property – by Sean Makarin, Esq., SPOSFI Business Member

Posted on 01. Mar, 2017 by .

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Many property owners hire unlicensed contractors to work on their rental buildings. Sometimes it works out just fine, but when things go south, as they often do, a nightmare can unfold. By hiring an unlicensed contractor, owners forgo basic legal protections, exposing their property to a loss in value, costly lawsuits, and costly repairs. In some instances, the financial damage can be staggering, in others property owners are exposing themselves to lawsuits. The potential ramifications are the same whether the contractor is a friend or a family member—often the unlicensed contractor is a criminal. [...]

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Estate Planning for Apartment Owners in the Trump Era – by Kenneth Ziskin, Attorney

Posted on 01. Mar, 2017 by .

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We are likely, but not assured, to see more tax changes in this administration than we have seen in decades, maybe more than any of us have seen in any other administration during our lifetimes.

As I write this, we do not yet know the precise parameters that will result from tax reform after the election of President Trump. But, the odds are that, sometime during Trump’s administration, Congress will enact, and he will sign, one or more tax reform measures.  However, for the vast majority of apartment owners, the changes may have very little effect on their estate planning. [...]

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7 Tips for Investors to Manage Their Property Managers – by Larry Arth

Posted on 01. Mar, 2017 by .

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Passive real estate investments are great, but it is really important for real estate investors to properly manage their property managers! Everyone knows that we believe in looking forward and seeing all of the possibilities. To focus more on what benefits an investment may offer and how we can make them better. [...]

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Pacific Legal Foundation Defends Property Rights from Coast to Coast!

Posted on 01. Mar, 2017 by .

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The below article was written by Steven Anderson who serves as President and CEO of the Pacific Legal Foundation, joining in 2016. Founded in 1973, PLF litigates cases nationwide to vindicate the rights fundamental to a free society. With nine consecutive U.S. Supreme Court victories and counting, PLF fights on the front lines, ensuring individual liberty is secure. Donor-supported Pacific Legal Foundation (www.pacificlegal.org) is the leading watchdog organization that litigates for limited government, property rights, individual rights, and free enterprise, in courts nationwide. PLF represents all clients free of charge. For more information, visit www.pacificlegal.org.

A New Year’s resolution often means starting something new. But at Pacific Legal Foundation, (PLF), our resolve year in and year out is to keep doing what we do best: planting the flag of liberty in courtrooms nationwide. [...]

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California Politicians Behave Like Confederates – by Jon Coupal, President of the Howard Jarvis Taxpayers Association

Posted on 01. Mar, 2017 by .

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For fiscal conservatives and free market advocates, the national elections in 2008 and 2012 brought no small measure of disappointment. In its eight-year run, the Obama Administration imposed a host of new taxes – including several as part of the failed “Affordable Care Act” – and, just as egregious, nearly doubling the national debt from $10 trillion to over $20 trillion. [...]

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