To kick off 2020, Oakland became the first California city to ban the use of criminal background checks when screening residential tenants, and other cities and counties are expected to adopt such bans in the coming months. 

This comes while a similar 2018 law in Seattle is being litigated. And of course, just last year, Oregon and California became the first two states to pass statewide rent-control, not only limiting rent-growth, but making it very difficult—and expensive—to remove tenants after one year of residence.

Meanwhile, there are plenty of states in our country that value landlords and support profitable rental ownership.  If you, or your client, is a residential landlord on the West Coast, it may be time to consider your options.

For more information, please give 1031 Capital Solutions a call today. Thank you.