For city permits and property history, you can contact
Hello,
Here you will find a link to search online building records at Los Angeles.
https://www.ladbs.org/services/check-status/online-building-records
Or for LA county areas
https://dpw.lacounty.gov/bsd/bpv/
Also here is the contact information
Department of city Planning – Los Angeles (213) 897-0166
355 S Grand Ave Suite 1900, Los Angeles, CA 90071
https://planning.lacity.org/
Rent Control
New Rent Increase for City of LA Rent Control
The allowable rent increase for Rent Control in the City of Los Angeles has been increase by one percent. Starting July 1,2019, you can increase your rent by 4% once per year.
The interest amount paid on Security Deposits has decreased from 0.07% to 0.06%
There are free, local landlord workshops on Rent Control for more information please click here:
https://hcidla.lacity.org/blog/how-much-can-my-landlord-raise-my-rent
Urgently Interim Ordinance Rent Control in Inglewood
Did you hear that Inglewood recently passed emergency rent control? Effective immediately, landlord of apartment buildings built before February 1, 1995 can only in increase rent 5% once per year. Similar to City of LA rent control, landlords may not evict a tenant without “Just Cause”, meaning non-payment of rent, criminal activity and / or illegal drug use.
You can read the official ordinance here:
What is 1031 exchange information?
What is involved in a Delayed Exchange?
A typical tax deferred exchange is very similar to a taxable transaction except that prior to closing on the property being sold, a qualified intermediary, is assigned into the Sale Contract. They sell the property to the buyer and transfer the proceeds safely into a separate exchange account. (The IRS stipulates the exchanger cannot be in actual or constructive receipt of funds at any time during the exchange.) The exchange period begins with the transfer of the first property providing the investor 45 days to identify, and a total of 180 days to close, on “like-kind” replacement property. The exchange is completed when the qualified intermediary is assigned into the Purchase Contract, utilizes the proceeds received to acquire the replacement property, and instructs the closer to transfer ownership to the exchanger via direct deeding.
What are the Exchange Requirements?
• Purchase Equal or Greater Value
• Reinvest all Net Equity
• Equal or greater debt. (Exception: A reduction in debt can be offset with additional cash, however a reduction in
equity cannot be offset by increasing debt.)
Also you will find attached the commission distribution in detail.
Any questions let me know.