It’s Official – California Has Statewide Rent Control

  • October 30th, 2019
  • devinlucas

It’s Official – California Has Statewide Rent Control… Many exemptions exist that will apply to most small owners; corporate owners are the primary target of the current law. … This New Statewide Rent Control Has Two Key Components: 1) Caps Rental Increases; 2) Requires “Just Cause” For All Evictions.

Davis Magnet School lottery is now open – Newport Mesa Unified School District

  • February 17th, 2019
  • devinlucas

Attention Newport Mesa parents…. Davis Magnet School lottery is now open.  Newport Mesa Unified School District (serving all of Newport Beach and Costa Mesa) has some amazing schools… including Davis Magnet School.  How do I get my child in?… you literally have to win the lottery.  Lottery applications are now open – now through March […]

1031 Exchange – Overview / How To

  • October 19th, 2018
  • devinlucas

There may be no better tax incentive for investment real estate than the 1031 Exchange.  Named in reference to section 1031 of the Internal Revenue Code, the “1031 Exchange” allows an income tax free (or tax deferred, see below) exchange of investment real estate with wide latitude as to what real estate can be purchased […]

November California Housing Data: Volume up 14%; 11 Strait Months of year-over-year Price Increases; Cash Buyers 32.5% of All Sales; 30-Year Mortgage Down to 3.32%

  • December 14th, 2012
  • devinlucas

November property prices were up 2.1% from October and 19.3% from November 2011, making this past November the 11th straight month of year-over-year increases, according to the real estate information firm DataQuick. Volume was up over 14%, making November the highest month of volume in six years. “More buyers feel confident about their jobs, the […]

The Impact of California Budget Cuts on All Litigation Matters (Real Estate, Personal Injury, Business Disputes and Beyond)

  • September 27th, 2012
  • devinlucas

As many litigators have no doubt noticed throughout Orange County and beyond, courtrooms are simply disappearing.  Departments are being consolidated, judges are being asked to take on more work, court staffs are being shuffled around, and so forth.  While Los Angeles County has made some recent headlines (150 more workers laid off last month), this […]