I've been in public accounting for a whopping 3 years now...and I my self have had to file 4 amended returns that were incorrectly filed by H&R block, and 5 that were done incorrectly on Turbo tax.

5th amendment right?

We did not initially include a lease break clause or amendment, because a lease is a legal document and by signing it, the tenant is saying they will abide by the terms, which are to pay the entire rent every month for the entire term.

On line 14 where it states "Application of Rental Income"...it says section 1402(a) is amended by striking paragraph 1.

It changes to 80% then decreases by 20% each year until it is phased out.You can do a look back as well and claim the resulting write-offs without amending prior-year tax returns.

One of the reasons our Second Amendment rights are still in effect.

https://www.caapts.org/news/Also, on July 15, 2021, Governor JB Pritzker signed HB 1443, amending Cannabis regulation.

I would look for another accountant to review what was done and look into filing an amended return.

Ferny Espinoza there is a lot to think about when doing something like that.A couple things to keep in mind:- You can't collect double rent (rent for the same place at the same time from two different tenants)- Once you take possession (get keys), you have 30 days to get the security deposit back to the tenant, plus an itemization of any funds you removed from the deposit.In my opinion, the best way to do this is to write an amendment to your lease stating that there's a penalty equal to one months rent for ending the lease early.

I would love to know what everyone thinks of these.No-fault eviction rules will change for owner move-ins and remodels under Senate Bill 567, effective April 1, 2024.The California Tenant Protection Act of 2019 has been amended.Starting April 2024, more information is needed for a homeowner to end tenancy for moving or major remodel.To reclaim as owner-occupier, move in within 90 days of residents moving out.You must stay in the home for 12 months before it can be rented out again.The homeowner's close family must also follow this rule.Family members (spouse, parents, children, grandchildren), names, and relationships must be disclosed in the termination notice, following the same rules.Having occupied a rental unit on the property or a similar unit elsewhere does not qualify as grounds for lease termination.For remodels, owners of rental homes must provide more details of planned work, including copies of permits or signed contracts.If the work isn't completed, you must legally contact former tenants and offer the opportunity to move back in, so make sure to get a forwarding address when remodeling your rental home.Starting July 1, 2024, security deposits will be capped at one month's rent.Previous laws allowed 3 months' rent to be collected as a bond, in addition to the first month paid before moving in.With rising rents, move-in costs were becoming unaffordable for renters, especially for furnished properties.Moving forward, for a monthly rent of $2,500, the move-in cost will be capped at $5,000, including the security deposit and the first month's rent.This cap applies to both furnished and unfurnished homes.No need to return the difference if you already have a large security deposit of more than one month's rent.You can keep this amount even if it exceeds the new caps, until July 1, 2024.Homeowners will have increased protection against illegal occupancy with the implementation of Senate Bill 602, effective January 1, 2024.Trespassing and squatting pose genuine concerns to homeowners with empty properties.Starting in 2024, homeowners can notify the police about their vacant property, authorizing them to evict any trespasser who tries to live there or falsely claims to be a legal resident.This notice used to be valid for just 30 days.The amendment to SB 602 extends trespass letter validity to 12 months and allows electronic submission.A valid letter allows homeowners to avoid court eviction for illegal occupants.New laws to prevent credit history discrimination were introduced (Senate Bill 267) on January 1, 2024.Update your tenant screening process accordingly.If an applicant receives a government rental subsidy, you must reconsider how you evaluate their credit history and rental application.To prevent discrimination, changes to SB 267 prohibit landlords from relying on credit history unless the applicant has the opportunity to present alternative proof of their ability to pay their share of the rent.You must allow sufficient time for tenants to provide benefit statements, pay records, or bank statements.Consider this information instead of their credit history when deciding on lease agreement offers.