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New Laws for LA Landlords

Real Property Management Choice

Backyard Plants According to AB2561, landlords are required to permit a tenant to do “personal agriculture” in their outdoor backyard using portable containers you have approved. It states that the city attorney can demand that a landlord evicts a tenant for unlawful possession of weapons or ammunition.

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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? This IRS regulation applies to everyone who did some kind of work related to your property last year, as long as the company is not a corporation such as a professional property manager , wholesaler, attorney, or accountant.

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HUD Bans Using Arrest Records

Real Property Management DC Metro

The Department of Housing and Urban Development (HUD) issued new guidance on April 4th, 2016 that is going to require all single-family and multifamily rental professionals to revisit their policies. Educate your staff, or anyone involved in reviewing background checks, so they are aware of the new guidance.