Originally published on caanet.org Extreme rent control and anti-housing activists are again planning a statewide voter initiative to take down the Costa-Hawkins Rental Housing Act, California’s most important landlord protection law. Last week, initiative proponents filed a “Request for Preparation of Title and Summary” with the California Attorney General’s Office for the “Justice For Renters …
Originally published on greenbergglusker.com As a result of the severe winter storms, flooding and mud slides that began in California on January 8, 2023, the IRS has issued an extension of the 45- and 180-day deadlines for IRC §1031 exchange transactions. Here are key points and frequently asked questions about the extension. Who is eligible? …
As a team who has seen many properties, we know that there is more than what the surface shows. We take these steps for every property our clients are considering purchasing to make sure it is the best suited investment for their goals and needs. The photos may showcase a pristine condition or corporately guaranteed …
Jerry Hogg was in his mid 70’s and had been working in the service industry for 40 years. He was in need of very extensive back surgery and that was the catalyst for his retirement. He contacted us and said that he had a realtor come by his shop with an “offer” to purchase his …
Let us help you ring in a successful 2023! We have put together our recommendations to any owner to make sure that you are operating the happiest and most lucrative investments based on your current portfolio of assets. Here is a list of our best practices for a successful 2023: If you need assistance acquiring …
Centennial Advisers, through the diligent work of our Opportunity Zone Team, has developed a client relationship that allowed us to acquire multiple OZ properties for them. Following the purchase of a Whitewater Express Carwash in Texas, and a new construction 7-Eleven in North Carolina, this is now the third Opportunity Zone closing with this group. …
At Centennial, we have been talking about Opportunity Zones non-stop for the past few years. Why? Because they are an amazing opportunity! You don’t need to already be a real estate investor to utilize one either, meaning you can purchase into one from many types of capital gains. So, what is it? An Opportunity Zone …
In this segment of our Client Features series, we help showcase the business of our team’s client, as he works to grow his local presence. Centennial Advisers recently leased out 5518 E Britton Drive, a retail space located in the Los Altos pocket of Long Beach, to Power of One Martial Arts. An unpleasant experience …
One of our clients reached out to us wanting to know more about the tax benefits of Opportunity Zone investing because they just had a major capital gain event. Our track record in Opportunity Zone investing across the country was enough for our clients to trust our expertise and hire us to provide this service. …
When you are tired of California’s treatment of private property owners, it’s time to learn your options! Our client completed this exchange to get out of CA and transition into passive management. “We just got our first rent check from Arby’s and couldn’t be happier. It is so nice to not have to deal with …
