If you own Los Angeles rental property the IRS are going to want their share. Even if you are a casual investor in Los Angeles rental property as of the beginning of 2011 any payment made to vendors over $600 must be followed with a 1099. Owners of larger Los Angeles properties have had to […]
Do You Own Los Angeles Rental Property? The IRS are Interested Read More »
Russel Ray, San Diego home inspector, had a client in March 2010 who called him with an insurance problem related to his water heater. It had been many years since he worked in the insurance industry, but he learned all their secrets. So he told his Clients at the home inspection that if they ever
What Your Los Angeles Homeowners Insurance Does Not Pay For Read More »
You can’t open your windows. A common complaint when the cool fall weather arrives. As cool as Los Angeles fall weather can get! When the complaint arrives in an email or via a phone call, the homeowner is usually concerned about the home having settled, causing things to be out of plumb now. After pulling
Your Windows Won’t Open – A Home Inspector’s Tips Read More »
If you want to get an extra deduction on your Los Angeles real estate taxes, pay your January mortgage early. Your mortgage is paid in arrears, so your January payment covers your December interest. Since your interest is tax deductible, if you pay this in December, you can apply the interest paid to your 2010
Want an Extra Deduction for 2010 Los Angeles Real Estate Taxes? Read More »
You need to separate what should, must and shall be done as they relate to a manufacturer’s installation instructions. For those of us who actually read manufacturer’s installation instructions for fun, it’s important that we have a legal mind and understand the difference. As an example, the installation guide for Rheem (the manufacturer under discussion)
Do You Need to Follow the Manufacturer’s Installation Instructions to the Letter? Read More »
The attic is not exactly one of the places people frequent often. If they go up once or twice a year that is a lot. That’s why you need someone like a your home inspector to get up there occasionally and really look around. In the picture, you can see some insulation and a metal
Is Your Attic a Fire Hazard? Read More »
Los Angeles homeowners need to take note of the following new law. The danger of Carbon Monoxide , the silent killer, has finally been addressed by the passing of a new law SB183, which will go into effect on January 1st. This law requires that a carbon monoxide detector be put into every Los Angeles
Carbon Monoxide – New Law Comes into Effect January 1, 2011 Read More »
The Home Protection Assistance Program (HPPP) is being offered to Los Angeles home sellers at the time of listing by the California Association of Realtors®. The HPPP is optional and is paid for by the seller. This program covers all buyers for a period of 12 months from the close of escrow. What does this
Home Protection Assistance Program is Available Through California Realtors® Read More »
If your homeowners insurance claim is denied, try this. The following great piece of advice was written by Russel Ray, a San Diego Property Consultant. A Client of Russel’s from 2007 called him recently to tell him that his furnace was not working. The reason he waited so long is that it was the first
If Your Homeowners Insurance Claim is Denied Try This Read More »
In today’s real estate market many Los Angeles homeowners needing to sell because of relocation or having sold to downsize, and finding their home slow to sell and vacant should look into their homeowners policy and the vacancy protection option. Leaving your home unoccupied can cause you to be denied coverage should something happen for
Check your Los Angeles Homeowners Policy and Consider Vacancy Protection Read More »
