Is legal action necessary for landlords dealing with tenants that have cause property damage, neglected to leave when evicted or failed to pay rent? I recently saw a thread on a popular online real estate forum discussing this topic and the subjectivity of the...
Month: March 2016
Relocation Benefits and Eminent Domain
The process of forced relocation is very difficult for many businesses. The difference between relocation benefits and a lost goodwill claim can be very difficult to distinguish, and can, in many cases, feel arbitrary and confusing. However, there is a distinction...
How to Avoid a Tax Hit When Selling a Rental Property
Capital gains taxes are due whenever you sell an asset for a profit. For 2015 and 2016, the capital gains tax rate is 15% for people who fall into the 25%, 33% and 35% income tax brackets. People in the 39.6% tax bracket pay 20%. Many people employ a strategy called...
California Multifamily Properties: Amenities to Attract Renters
Recently in the U.S. housing market, there has been a remarkable increase in the number of renters versus the number of homeowners. This large economic paradigm shift brings with it plenty of incredible opportunities in the multi-family housing sector, but with that...
Multifamily Properties: Protecting Yourself Against Problem Renters
The nighttime howls cut the evening sky and the stars with it. Stampeding cloven hooves pack the earth tight beneath them, anything else unfortunate enough to be standing in the wrong place when the horde moves by being unceremoniously trampled. Steam spouts forth...