I have been writing articles since 1963 with the Van Nuys Green Sheet. Sometimes it is education to view from the past. This email from 2023 discussed two of my very favorite topics. I would recommend you read them. Tax basis in a property becomes an important question when gifting or transferring property. I have […]
I posted stories about a couple Property Management Memories in the last two weeks. Now, I just thought of some more. The term Professional Deadbeat tenant was in one article. Yes, there are many of these people in your area, and when some move away, others rise up to replace them. #1 They will try to […]
Last week, I wrote a short post about serving an unlawful detainer to a professional tenant. I forgot to mention that the rules of service of this summons and complaint are different from the rules of serving the famous Three Notice to Pay Rent or Quit. #1 The Landlord (Housing Provider on CAR Forms) or anyone with […]
Many years ago, I owned some properties in Milwaukee, WI. One of the tenants in a three unit building became seriously delinquent and defiant. We were arguing over many things, including her claim that the heating was insufficient. She complained to the local agencies, all the while bragging about not paying any rent. It was known by […]
Every In-N-Out expert will have some wild secret items, but I wanted to list some of the more common ones and you might want to try some. A secret: Their opening time is listed at 10;30 but their employees are there at 10:00, and they will let you in, so I eat early some days and […]
If you’re a current notary—or thinking about becoming one—there’s an important legislative update you should be aware of. A new bill, California Assembly Bill 1597 (AB 1597), is moving through the California legislature and could soon increase the maximum fees notaries are allowed to charge statewide. What AB 1597 Proposes This bill is designed to […]
Another outstanding article by Jonathan Lansner, an award-winning business columnist for the informative Southern California News Group. I read him in the Orange County Register. You can also read Jonathan in the LA Daily News (known to Boomers as the Green Sheet), Press-Enterprise, The Sun, Daily Breeze, San Gabriel Valley Tribune, Press- Telegram, Pasadena Star-News, […]
Recent tax updates are reinforcing something successful agents have always known: real estate isn’t just a job — it’s a business. Many professionals are surprised to learn that most real estate agents are classified as independent contractors. That means agents often qualify for business deductions that traditional employees cannot access. Recent tax changes have reinforced […]
John Reilly used to pontificate at the annual CAR and NAR Conventions. I never missed a session. He could take complex regulations and make them simple. His books are benchmarks for the industry, especially The Language of Real Estate (8th Edition). I got mine 35 years ago. His education is impeccable. Ossining NY High School, […]
The World Baseball Classic (WBC) is the biggest international baseball tournament in the world. Think of it as the “World Cup of baseball”, where the best professional players represent their home countries instead of their MLB teams. First played in 2006, and held about every four years, it features many MLB stars playing for their […]
