Here we go again! My last article examined Proposition 19, one of the measures on the November 2020 ballot that seeks to modify Proposition 13, California’s sui generis real property tax law. My current article takes a look at Proposition 15, which would, if passed by the voters, establish the “split roll” that has long been sought by local government advocates looking to … [Read more...] about Prop. 15: Time to switch off the “third rail” of California politics?
Ahora más que nunca—now more than ever—law students who seek to further the cause of justice need our support. While La Raza Lawyers of Santa Clara County Charitable Foundation cannot hold our usual fundraising gala this year for obvious reasons, we will still provide as much financial aid to deserving law students as we can. To that end, we have set a fundraising goal of … [Read more...] about Free Virtual Gala (10/22/20) for Law Student Scholarships Presented by La Raza Lawyers of Santa Clara County Charitable Foundation
California’s unique real property tax system has been a regular feature in my blog since its beginnings. In particular, the intricacies of Proposition 13 and the adjustments that have been made to that pioneering program over the years have invited a significant amount of focus. As we approach the November 2020 election and the ballot measures to be voted on this year, I … [Read more...] about Prop. 19: Making your assessed value more “portable,” but with a nasty twist
Governor Gavin Newsom signed AB3088 on 8/31/20, setting forth guidelines for California residential landlords in order to preserve the right to later claim unpaid rent and/or evict tenants for unpaid rent, while protecting tenants demonstrating COVID-19 related financial hardship. The new law requires landlords who intend to seek damages from residential tenants who have missed … [Read more...] about Residential Landlords Required Under AB3088 to Send Tenants Notice
The potential tax deferral benefits of Opportunity Zones for capital gains from the disposition of commercial real estate as an alternative to Section 1031 exchanges has been a recurring topic in this blog ever since that program was passed into law by Congress with the Tax Cuts and Jobs Act in late 2017. Since adoption of that tax plan, its details have been fleshed out in … [Read more...] about IRS relaxes Opportunity Zone requirements and other rules in response to COVID-19