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Tenant Owes $21,000 in Late Fees: Court Rules in Landlord’s Favor

American Apartment Owners Association

In a ruling that could reshape how landlords approach late rent fees, the Kansas Supreme Court last week upheld a district court’s decision requiring a tenant to pay over $21,000 in late fees for missed rent payments dating back to 2020. Foster had rented a single-family home from landlord John Schutt starting in 2018 for $1,900 per month.

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Fires and floods are eviscerating US communities, intensifying the housing crisis

American Apartment Owners Association

The governor’s office also has issued an executive order prohibiting Los Angeles-area landlords from evicting tenants who provide shelter to survivors of the Los Angeles-area firestorms. California lawmakers in January allocated billions in funding to state and federal government relief efforts and put an immediate moratorium on evictions.

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Seattle Hires Law Firm To Defend Against Landlord Lawsuit

Rental Housing Journal

The company alleges the city passed ordinances between 2018 and 2022 that hurt its ability to successfully operate a low-income apartment building. The city has retained the law firm Bryan Cave Leighton Paisner. Sign Up For Our Weekly Newsletter And Get Rental Property And Apartment News And Helpful, Useful Content Each Week.

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Understanding the 20% Pass-Through Tax Deduction for Redding, CA Landlords

Authority Property Management

How Landlords Can Qualify for the 20% Pass-Through Tax Deduction If you're a landlord in Redding, CA , you might have heard about the 20% pass-through tax deduction introduced by the Tax Cuts and Jobs Act ( TCJA ) of 2017. This deduction began in 2018 and is currently scheduled to last through 2025.

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Finding Deductions For Residential Rental Property And Lowering Your Tax Bill

Property Management Inc.

April 10, 2018 By Cassie James, PMI Communications Manager Tax season can be stressful for solo entrepreneurs and landlords. MORTGAGE INTEREST & POINTS Interest is one of the most reliable yearly deductibles most landlords have. If you pay for multiple years at once, you can only deduct the part that covers one year.

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Understanding Reasonable Accommodation for Disabled Renters

Real Property Management DC Metro

As a landlord of a single-family residence, you are, unquestionably, required to comply with the Federal Fair Housing Act , which commands that you warrant to allow “reasonable accommodations” for not only disabled residents but, keep in mind, also for those who live with or are closely related to individuals with disabilities.

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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

While it is marketed as a measure to provide relief for renters, it poses serious concerns for property owners, managers, and landlords. Vacant units, allowing landlords to reset rent prices to market rates. Similar propositions were defeated in 2018 and 2020. New constructions built after February 1, 1995.