New Landlord/Tenant Legislation

Starting July 2019, there are three new laws to pay attention to in property management in Washington State: ESHB 1440, HB 1462 & ESSB 5600   ESHB 1440: Requires Landlords to provide 60-days written notice of a rent increase. This had previously been 30-days. For more information, please click here: House Bill Report ESHB 1440…

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Legislative Report – Taxes

In an effort to balance the budget, the Washington State Legislature submitted multiple bills related to tax increases and changes that would affect real estate. Capital Gains – A capital gain is realized when a capital asset, such as real estate, is sold or exchanged at a price higher than its basis. Basis is an…

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3 Key Investment Property Management Tasks For This Summer

Managing investment properties in the Pacific Northwest is like nowhere else on earth. With an average annual rainfall of more than four feet (!!!) here in Olympia each year, property and asset managers need to take full advantage of those dry days. When the rain finally stops in March, I mean April, ok let’s be…

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