article thumbnail

New Smoke Detector Law in California

Real Property Management Choice

The new law, SB 745 takes it place and will be phased in through July 1, 2015. Exception: If anyone (retailers, wholesalers, managing agents, contractors, property owners) has the older models (not a 10 year battery), they may continue to install them until July 1, 2015. January 1, 2015. July 1, 2015.

article thumbnail

Rental Property Tax Forms–What is Required?

Real Property Management Choice

Issuing IRS Tax Forms: Am I Required to Issue a 1099 to all of my contractors as a landlord? As a client of Real Property Management, you DON’T NEED to personally issue IRS form 1099-MISC to contractors. Do You Know What Rental Property Tax Forms You Need to File? Real Property Management will take care for you.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

Qualified professionals must conduct these inspections, including licensed architects, civil or structural engineers, or experienced contractors. Licensed Contractors experienced in balcony and deck inspections. Who is Qualified to Conduct Inspections? Civil or Structural Engineers licensed in California.

article thumbnail

2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Moreover, it’s 48% higher than the homelessness rate in 2015. Beware Of These Contractor Scams Tenant Smoke Alarms: Landlord Responsibilities And Rights The post 2024 Annual Rental Housing Report Key Takeaways appeared first on The #1 Resource for Finding Property Management Companies.

Apartment 130
article thumbnail

New Laws for LA Landlords

Real Property Management Choice

This law applies to any lease executed, renewed or extended on or after 1st July 2015. The amendment does not apply to smoke alarms that have been ordered by, in inventory of an owner, managing agent, Contractor, wholesaler, or retailer on or before 1st July 2014 until 1st July 2015. According to senate bill No.745,

article thumbnail

LA On-Site Property Manager Compensation 2016

Real Property Management Choice

First of all, the resident manager is an employee and generally cannot be an independent contractor. Sick Leave “The Healthy Workplaces, Healthy Families Act of 2014.” Beginning July 1, 2015, employee who works in California for 30 days or more per year will get paid sick days. Please referral to [link].