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Vacancy Taxes are Ineffective and Harmful

vacancy tax

The Los Angeles City Council has studied the feasibility of vacancy taxes to reduce empty properties. In effect, this tax would create punishments and taxes despite many owners who are genuinely attempting to sell their space. Though, as seen in other cities, a fee with the intent to punish property owners will have a host of other effects that will undermine the ability for property owners to do business.

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Prop 15. Must Not Pass During COVID-19 Pandemic

split roll prop. 15

Split Roll is a cataclysmic issue for property owners throughout California. Unfortunately, the emergence of Covid-19 will only magnify the catastrophic impacts created by Split Roll. That is to say, the pandemic alone has already created disaster-level scenarios. With this in mind, it is obvious that passing Split Roll will massively exacerbate these issues.

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AB5 – BOMA/GLA Protects Independent Contractors in CRE

AB5

In 2018, the California Supreme Court rendered a hasty decision that held concerns independent contractors and the California business community. In Dynamex Operations West, Inc. v. Superior Court of Los Angeles, the California Supreme Court analyzed a worker classification dispute between Dynamex and their independent contractors. In this case …

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