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  2. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    In 2009, the advocacy group Howard Jarvis Taxpayers Association estimated that Proposition 13 had reduced taxes paid by California taxpayers by an aggregate $528 billion. [28] Other estimates show that Proposition 13 may not have reduced California's overall per-capita tax burden or State spending.

  3. Will I Owe Taxes on a Divorce Settlement? - AOL

    www.aol.com/finance/avoid-paying-taxes-divorce...

    If you do not pay taxes on your alimony (for all divorces signed Jan. 1, 2019), you cannot use this money to contribute to either an IRA or a Roth IRA. If you pay alimony and signed your divorce ...

  4. Property Tax Circuit Breaker - Wikipedia

    en.wikipedia.org/wiki/Property_Tax_Circuit_Breaker

    For tax filers who make between $25,000 and $40,000 the property tax must be over 4% of their yearly income. For those over the age of 70 who make under $60,000 per year the property tax must exceed 3% of their yearly income. Renters may claim 20% of their yearly rent paid as property tax but may only receive up to the maximum $1,000 for the ...

  5. Homeowners have nearly 40x the wealth of renters. But what's ...

    www.aol.com/homeowners-nearly-40x-wealth-renters...

    Some 27% of renters pay more than half their income for housing. As of 2023, 54% of homeowners had incomes that were higher than their expenses. Just 39% of renters had positive cash flow.

  6. Costa–Hawkins Rental Housing Act - Wikipedia

    en.wikipedia.org/wiki/Costa–Hawkins_Rental...

    Most rent control ordinances (deemed moderate) limit an owner's ability to increase the rent to an existing tenant. Yet some strict rent control regimes also limited the rent a landlord could charge on the open market, that is, after the apartment became vacant by the voluntary exit of the prior tenant, or vacant by a just-cause eviction.

  7. News from SFAR: Aiding Affordable Housing With Short-Term ...

    www.aol.com/news/news-sfar-aiding-affordable...

    Research suggests that in some communities, short-term rentals can modestly increase housing and rent prices. Due to state law, short-term rental gross receipts taxes, among others, are now ...

  8. Net lease - Wikipedia

    en.wikipedia.org/wiki/Net_lease

    A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).

  9. All About Taxes on Rental Income - AOL

    www.aol.com/news/taxes-rental-income-165017040.html

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