|
Passionate about bringing positivity and fresh perspectives to the rental property industry CEO @ Good Life Property Management San Diego and Orange County. Managing over 1,300 units in San Diego and Orange County.
Steve Welty Issue# 41 March 2025 Happy Saturday, Housing Heroes! Heads up, big news on the legislative front that could impact landlords across California. Assembly Bill 246, introduced by Assemblyman Isaac G. Bryan, is stirring up debate by proposing a statewide rent freeze for a full year. If enacted, this law would lock in rental rates at the levels charged as of January 7, 2025 and impact housing providers throughout LA County and potentially set a precedent affecting housing providers...
Steve Welty Issue# 40 March 2025 Happy Saturday, Housing Heroes! Heads up—if you’ve been curious about 1031 exchanges and how they might work for vacant properties, it’s time to tune in. A 1031 exchange is one of the best tax breaks available exclusively to housing providers and investors. It lets you sell an investment property and buy another without having to pay capital gains tax right away. What’s the Deal with Vacant Homes? You might be wondering: Can a house that’s been empty for years...
Steve Welty Issue# 39 March 2025 Happy Saturday, Housing Heroes! Heads up, if you’ve been putting off your tax planning and ignoring your rental property expenses, it’s time to tune in. With Tax Day looming on April 15, 2025, there’s no better moment to review every deductible expense that can help you reduce your year-end tax liability. This comprehensive guide, inspired by best practices in our industry, dives deep into the myriad of write-offs from mortgage interest to vacancy losses that...