by Lee Chen | Dec 11, 2019 | Asset Protection, Law, Real Estate, Small Business, Tax Planning
Lee Chen, Esq. On October 2, 2019, California enacted the AB 1482, representing the most comprehensive reform of California landlord-tenant laws in decades. The law, which essentially imposes “rent control” provisions for certain rentals in California, officially...
by Lee Chen | Oct 16, 2019 | Real Estate, Tax Planning, Uncategorized
If you own property in California, whether your personal residence, OR a rental property, you know about Proposition 13…otherwise known as “Prop 13”. What’s the worry? An increase in property taxes through a re-assessment. Property taxes aren’t cheap and it’s critical...
by Lee Chen | Sep 3, 2019 | Business planning, IRS, Law, Tax Planning
Many view the IRS as an agency shrouded in mystery. The IRS is generally perceived as the omnipotent “big brother” that we should all fear. It is true that the IRS does have the ability to unilaterally impose liens, or garnish wages or levy on assets, whereas almost...
by Lee Chen | May 28, 2019 | Estate Planning
We believe everyone needs to have an estate plan. Contrary to popular belief, an estate plan is not just for the rich and the powerful, and even people with little or no assets can benefit from having an estate plan. A properly prepared estate plan not only...
by Lee Chen | Oct 26, 2018 | Asset Protection, Business planning, Law, Litigation
In an ideal world, this article would not need to be written. However, any investor is bound to experience a situation where they will lose money on a deal. We all know that, for the most part, investing in the stock market involves the risk that investments will drop...
