Commercial Real Estate News - Exit1031Exchange

“RESTRICTIVE RULES PASSES STATE ASSEMBLY- EFFECTS LANDLORDS IN CALIFORNIA AB 828”

Bill has been sent to the California Senate

Congratulations to Randall Barondess for achieving..

Congratulations to Randall Barondess for achieving #8 in top 100 commercial agents Nationwide US market and #16 in the top 100 commercial agents Worldwide for ReMax and ReMax Global

California Prop 19 rules take effect.. 2021

Prop 19 also narrowly passed in the November election, which changes some of California’s laws around property transfers. Starting in February, those who inherit property have to use it as […]

SOME NEW 2020 CALIFORNIA LEGISLATIVE LAWS IN EFFECT

1. AB-1482 – Rent Cap and Just Cause Evictions This law mainly just applies to multi-family homes (2 units or more) or single-family homes and condos where the owner is a corporation, […]

California Proposition 19, Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment (2020)

California Proposition 19, the Property Tax Transfers, Exemptions, and Revenue for Wildfire Agencies and Counties Amendment, is on the ballot in California as a legislatively referred constitutional amendment on November 3, 2020. A “yes” vote supports this constitutional amendment to: * allow […]

California Proposition 15, Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative (2020)

California Proposition 15, the Tax on Commercial and Industrial Properties for Education and Local Government Funding Initiative, is on the ballot in California as an initiated constitutional amendment on November 3, 2020. A “yes” vote supports this constitutional amendment to […]

California Proposition 21, Local Rent Control Initiative (2020)

California Proposition 21, the Local Rent Control Initiative, is on the ballot in California as an initiated state statute on November 3, 2020. A “yes” vote supports this ballot initiative to allow local governments to enact rent control on housing that was […]

Another California Bill against Landlords More Socialism with Government Control

LEGISLATIVE COUNSEL’S DIGEST AB 1703, as amended, Bloom. Residential real property: sale of rental properties: right of first offer. Existing law establishes various real estate disclosure requirements applicable to the […]

The 1031 exchange market nationally has been like a roller coaster this past spring and summer, plummeting down in April and roaring back up starting in June.

SUMMER 1031 NEWS Courtesy of Asset Preservation Inc. The 1031 exchange market nationally has been like a roller coaster this past spring and summer, plummeting down in April and roaring […]

Prop 15 Split Roll Tax to Skyrocket Taxes on Owners of Commercial and Industrial Properties

COMMERCIAL AND INDUSTRIAL PROPERTY OWNERS COULD BE HIT WITH A HUGE TAX INCREASE TENANTS WILL ALSO BE FINANCIALLY IMPACTED Proposition 15 Split Roll Tax is headed to tje ballot in […]

Today the California Senate Appropriations Committee kept SB 939

Today the California Senate Appropriations Committee kept SB 939 “in suspense,” effectively shutting down the bill from any further action in the Senate. SB 939 would have upended commercial leases […]