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News and Events

TAX PLANNING TIPS FOR GLENDALE REAL ESTATE AGENTS

By Robert Hall Tax Associates If you’re a real estate agent in Glendale, California, tax planning is essential. The new 2018 Tax Reform made significant changes to the tax liabilities and benefits afforded to self-employed persons and businesses including real estate agents. Now more than ever, it’s important to plan ahead so you can take advantage of certain deductions and money-saving opportunities come tax season. With the new tax laws, it’s crucial to meet with your trusted local tax advisor to see how the new federal regulations impact you and your real estate business specifically. But to get you started, we’ve listed our top 5 top tax planning tips for Glendale real estate agents... Read More

MARCH 2019 – LOCAL GOVERNMENT UPDATE

Via AAGLA The County of Los Angeles. Voted on January 15, 2019 to create a Source of Income ordinance for the unincorporated areas of LA County. The ordinance would require that all rental housing providers accept Section 8 tenants and thereby force owners into the Section 8 program. If an owner rejects a tenant based on Section 8, then the owner would be subject to claims of discrimination and penalties. The County staff will now draft a detailed ordinance that will be brought back to the Board of Supervisors for a final vote in 120 days… Read More

HOW TO AVOID SECURITY DEPOSIT DISPUTES BY AAGLA

By Patti Widget, Fast Eviction, via AAGLA Security deposit disputes are second to only late rent disputes when it comes to the owner/renter problems and I think most of the prelims lies in the fact that each party has their own idea of how a security deposit should be handled. I am certain you can imagine how polar opposites these two ideas are, but believe it or not, there are very standardized guidelines in the industry that if followed, will help you to avoid security deposit disputes from becoming inevitable… Read More

DID YOU KNOW HOARDING IS A DISABILITY PROTECTED BY FAIR HOUSING?

By Ellen Clark, Grace Hill, via Rental Housing Journal People with a hoarding disability are protected by Fair Housing laws and are entitled to reasonable accommodations. People with disabilities face particular challenges when it comes to housing and have special protections under fair housing law. Disabilities include both physical and mental impairments. It may not always be obvious that someone has a disability, which can make complying with fair housing law in this area a little tricky. In order for people with disabilities to fully enjoy their homes in your community, it may be necessary for you to make changes to community rules, policies, procedures, services, or physical structures. These changes are called... Read More

APRIL 17 – AOA TRADE SHOW & LANDLORDING CONFERENCE – LONG BEACH

Investors, Landlords, Brokers, Agents, and other Real Estate professionals and aficionados, if you're looking for a great networking opportunity, stop by the Apartment Owners Association of California, Inc. AOA Trade Show on APRIL 17! FREE ADMISSION! If you know anyone that owns rental property (Multi-family, Office/Retail, or Industrial) and may be interested in learning about property management services, send them over to visit our team at Scott Properties Group, Booth #314. Stop by to learn about our services and take away some freebies! FREE seminars, where you will discover money-making and money-saving ideas, will be presented on Wednesday, April 17th, 2019 at the Long Beach Convention Center: 300 E Ocean Blvd, Long Beach, CA 90802 LEARN MORE

CREW-LA’s 6th ANNUAL BLOOMINGDALE’S FUNDRAISING EVENT

Join the Scott Properties Group team and other CRE industry pros at CREW-LA's 6th Annual Bloomingdale's Fundraising Event on March 19th! Sip & Shop Enjoy an evening of fashion and fundraising for CREW Network Foundation; CREW-LA is the leading organization for all women and men in commercial real estate. Enjoy sips, light bites and festive beats as you shop the newest Spring launches at trend pop-ups, beauty lounge and styling stations - hosted by Fashion Expert, Natalie Hemmati 10% of CREW-LA’s total purchases will be donated by Bloomingdale’s to CREW Network Foundation Need room in your closet to accommodate your shopping at Bloomingdale’s? CREW-LA is collecting gently worn job-interview attire at the event and will donate to Dress For Success. Your fabulous suits and other professional apparel could furnish another woman with the confidence to enter the workplace. Please ensure all items donated are dry-cleaned/laundered, ironed, on hangers, and suitable for wearing to a job interview. Location: Bloomingdale's Santa Monica bStylebar - Level 2 315 Colorado Ave., Santa Monica 90401 Time: 5:00 pm - 9:00 pm Cost: $20 Members | $35 Non-Members [Please RSVP by March 12th] To RSVP email info@scott-properties.com for more info or visit CREWLA.org/events.

FEBRUARY 2019 – LOCAL GOVERNMENT UPDATE

By Janet Gagnon, Director Government Affairs and External Relations, AAGLA Los Angeles County — Source of Income (aka Mandatory Section 8) The County of Los Angeles voted on January 15, 2019 to create a Source of Income ordinance for the unincorporated areas of Los Angeles County. The ordinance would require that all rental housing providers accept Section 8 renters and thereby force owners into the Section 8 program. If an owner rejects a renter based on Section 8, then the owner would be subject to claims of discrimination and penalties. The County staff will now draft a detailed ordinance that will be brought back to the Board of Supervisors…

CITY OF SANTA MONICA DRASTICALLY INCREASES RELOCATION FEES

By Janet Gagnon, Director Government Affairs and External Relations, AAGLA On January 8, 2019, the Santa Monica City Council voted unanimously to increase permanent relocation fees by 66% to 80%. The new fees are effective immediately. Relocation fees are paid by rental property owners to tenants in the case of a “no fault” eviction, including if an owner removes his or her property from the rental market (e.g. under the Ellis Act) or merely wishes to provide an apartment unit to a close family member. The new relocation fees are as follows…

HOW TO PROTECT YOUR TENANTS FROM SMOKEY ENVIRONMENTS CAUSED BY WILDFIRES

By ACC Environmental Consultants, Inc. Over the last few years California has been increasingly devastated by wildfires with 2018 being the largest wildfire season on record in the State. The poor air quality outside has kept people indoors but it is also important to ensure that the Indoor Air Quality in your building is safe. How do wildfires affect the Indoor Air Quality of my building? Wildfire smoke is primarily made up of carbon dioxide, water vapor, carbon monoxide, hydrocarbons and particulate matter. Particulate matter is typically the major pollutant of concern from wildfire smoke, as the particulate from smoke tends to be very small. This fine particulate matter are respiratory irritants and in high concentrations can cause persistent coughing, production of phlegm wheezing and physical discomfort in breathing. Persons with compromised respiratory, cardiovascular and immune systems tend to be more seriously affected, triggering asthma, bronchitis, and reduced lung functions…

TIPS TO PREPARE FOR A WET SEASON

Tips to Prepare for a Wet Season Interview with Mark Sanchez, CAC, CHMM, CA/DPH, President of ACC Water intrusion happens, whether it's from a heavy rain, flood or plumbing malfunction, when it occurs it's important to know how to respond to prevent mold growth. In this Interview, Mark shares his tips on how to keep water out of your building to prevent mold growth from starting and creating a hazardous situation to your tenants and maintenance workers ... Read More If you are a real estate professional interested in featuring an article with Scott Properties Group's readers, please Contact Us.

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