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Challenging Times, Creative Solutions and Fair Housing
Posted on 29. Sep, 2009 by Jamie Sternberg.
Vacancy rates are rising; rental rates are falling; resident retention is becoming more difficult; water, sewer and trash rates are increasing; and the overall economic forecast looks bleak – there is no doubt that these are challenging times for the rental housing industry. Competition for residents is stiff, and property owners and management companies are [...]
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California Tax Withholding Requirements for Rent Payments
Posted on 11. Aug, 2009 by Jamie Sternberg.
The California Franchise Tax Board has required withholdings in connection with real property sales for years. The FTB is now expanding withholding obligations to require withholdings on rent payments made to non-resident landlords.
The FTB initially focused on withholdings for commercial properties (by tenants and property managers). When it then attempted to expand implementation to impose [...]




