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Summary of CA Rent Relief Law

September 8, 2020

The following is a brief summary of the Rent Relief Law signed Aug. 31 by Gov. Gavin Newsom. It coincides with the eviction moratorium announced by President Donald Trump on Sept. 1.  California Tenant Relief Act:  When a tenant has not paid rent for any period between March 1, 2020, and Jan. 31, 2021, the COVID-19 […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: Eviction, Gov. Gavin Newsom, landlord, President Trump, rent relief, tenant

Pandemic Rental Property Scam

July 20, 2020

With the pandemic pushing the industry toward self-showings, renters and property managers could be at an increased risk of falling prey to online scammers. Tracey Hawkins, a real estate safety expert and founder of Safety and Security Source, is warning managers of a new type of fraud specific to rental properties and self-showings — scammers seeking out properties that are […]

Filed Under: CVAR Connect, Industry News, Pro Tips Tagged With: COVID, criminal, cvarconnect, Fraud, landlord, rental, rental company, scam

What to Know About Investment Property Taxes

February 24, 2020

Rental income is taxable, but you may be able to take a lot more deductions than you realize, which can save you big come tax day. The deadline to file taxes for U.S. residents is less than two months away. If you own an investment or rental property or have clients who do, it can […]

Filed Under: At A Glance, Government Affairs, Pro Tips Tagged With: #Cvarmember, cvarconnect, investor, landlord, Property tax, rental income, tax return

Rent Agreement Reached

September 3, 2019

California Gov. Gavin Newsom reached a deal with apartment owners and developers Friday on legislation that would cap how rapidly rents can rise as the state grapples with a housing crisis. The deal would cap annual rent increases at 5% plus inflation, with a 10% maximum increase. That’s lower than the 7% threshold lawmakers had […]

Filed Under: At A Glance, Government Affairs Tagged With: AB 1482, David Chiu, Gavin Newsom, KTLA, landlord, Legislature, rent, rent control

Vacant Apartment Tax Proposed

June 17, 2019

Should property owners pay a tax when their apartments sit empty? That’s the question Los Angeles City Councilmember Mike Bonin wants to pose to voters next year. He announced last week that he’s requesting a report from the city’s chief legislative analyst on options for an “empty homes penalty” that would be placed on the ballot […]

Filed Under: At A Glance Tagged With: Councilmember Mike Bonin, Curbed, homeless, LA County, landlord, vacancy, vacant apartment, voters

Are Background Checks Illegal?

May 9, 2016

By Laurie Schenden, CVAR Communications & Marketing During “Fair Housing Month” in April, the Dept. of Housing and Urban Development (HUD) released a guidance that has landlords and property managers aflutter about whether they’re breaking the law if they reject a potential tenant based on a background check. The reason for the new interpretation of […]

Filed Under: At A Glance, CVAR News, Government Affairs, Industry News Tagged With: background checks, Fair Housing Act, HUD, landlord, property manager, tenants

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