Here in 2024, California continues to reduce protections, increase business costs, and generally make being a landlord more difficult, for Property Owners and Property Managers. AB 12 passed,
Vacancy Tax Arrives in San Francisco
Dated: October 26 2023
Views: 831
Beginning January 1, 2024, San Francisco implements a "Vacancy Tax" on property left vacant for more than six months of one year. For now, this law applies to residential buildings with three or more units. The first filing deadline is scheduled to be April 30, 2025. It seems unclear at this time how much the punishment will be, or how the tax will be collected.
This law is a response by San Francisco's Local Government to addressing problems they themselves created through mismanagment of the City. Over the last several years businesses and people have fled San Francisco for many reasons. Some of which include crime, overwhelming homelessness, pollution, and predatory taxes. This law punishes Property Owners for San Francisco's Policy Makers turning the City into an undesirable place to live and do business.
Latest Blog Posts
California recently passed a law prohibiting Property Managers and Property Owners from using a person's credit history to qualify potential tenants if they have a Government Rental Subsidy.
It may be too good to be true, but according to an article in the Apartment Owners' Association News, the Supreme Court may hear a challenge to New York's Rent Stabilization Law. Were the
Beginning January 1, 2024, San Francisco implements a "Vacancy Tax" on property left vacant for more than six months of one year. For now, this law applies to residential buildings with three
This information, including square footage, while not guaranteed, has been acquired from sources believed to be reliable. Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted.
All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright ©2026 Bay Area Real Estate Information Services, Inc. All Rights Reserved.
