CAA on Wednesday applauded a newly released Senate budget proposal for including rental assistance and addressing California’s ongoing homelessness crisis and housing shortage. Housing-related highlights from the Senate’s “Build Back…
Taxes
The California Apartment Association and its members have derailed some of the worst rental housing proposals of the year, including the “Stay in Business Forever Act,” the “Public Landlord-Tenant Registry”…
The California Apartment Association and several other business groups have issued a letter objecting to a bill that would create an excise tax on rental housing and a costly, statewide…
CAA last week partnered with Santa Clara County Assessor Larry Stone to explain how owners of multifamily properties can get a temporary reduction on their property tax assessments. During a…
Over objections from CAA, the city of Los Angeles is rushing to place a “vacancy tax” measure on the November ballot that could create steep tax penalties for landlords with…
California tax collectors are expected to waive penalties against landlords and other property owners unable to pay their taxes by Friday’s deadline due to COVID-19 financial hardships. That announcement came…
Since its adoption, Proposition 13 has brought certainty to property owners and businesses in the state. Any changes to this measure would certainly lead to higher taxes for businesses and…
You’re likely familiar with the federal tax reform law enacted in 2017. After all, it reduced tax rates for businesses and individuals, increased the standard deduction and family tax credits,…
Voters will soon decide whether to increase taxes on improvements to buildings within the Los Angeles Unified School District, including apartments. On the June 4 ballot is Measure EE, which…
The California Apartment Association has offered its support for a bill that would raise the state’s renter’s tax credit for the first time in decades. “Housing costs are going through…