@Tom Puiia - the biggest thing I see generalist CPAs handling incorrectly is the depreciation schedule.

You have to calculate based on a more than a few things like loan amount, down payment, taxes, Insurance, (Any HOA) PMI, based on credit, etc.If you are 1099 the Bank can look at the most recent 1099/Schedule C if you have been in business for 5 years or more with a 25% ownership in company or more. 

I think it is important to point out that it is the tenant's choice to schedule with the tech at that time, and if the tenants allow them to access the home when they are not there that is their decision. 

The bill would also require a public utility to prioritize the processing, approval, scheduling, and completion of electrical, gas, sewer, and water service connections to new housing construction over the processing, approval, scheduling, and completion of service connections to all other structures.

I didn't think 10% was a lot for them to do all the scheduling and advertising?

You'll need to fill out Schedule B and also the interest income section of your tax return (usually Form 1040). 

After all is accepted by the Housing Authority with the booklet, they will schedule an inspection where they come out and check a list of items including looking for peeling paint, windows open/close/lock, smoke detectors /co detectors / fire extinguishers all in the right locations, GFI receptacles in the correct locations, grounded receptacles if 3 prong (ground not needed if 2 prong), and the list goes on. 

If not you will be spending a long time getting individual bids, going over plans and scheduling .

Other than that, I couldn't find anything in the legislation that prevents SB9 from being used on rental properties.I've got a virtual consultation scheduled with LA county to bring up these points and if anyone is interested, I can provide an update on the outcome of that meeting.

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