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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. If an owner wishes to trade off an apartment rent value, the minimum wage value cannot exceed $564.81 In any case the credit amount may not exceed two thirds of the market rent value. or approximately 19.5

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New Laws for LA Landlords

Real Property Management Choice

However, this law exempts properties with less than five parking spaces or properties with subject to rent control. 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.