San Luis Obispo gets tough with landlords
August 3, 2010
City officials plan to mail 3,900 enforcement letters later this month to San Luis Obispo property owners who appear to be renting homes without maintaining a required business tax certificate and license. [Tribune]
Under the plan, property owners will be given one month to comply. If they do not, city officials say they will issue administrative citations up to $500 a day after the third straight day of non-compliance.
City officials believe they can garner an additional $80,000 per year by enforcing the law, which has been in effect since 1991. The money would go into the city’s General Fund.
Rental property owners pay 50 cents for each $1,000 in gross receipts annually. Any gross rental income less than $50,000 is levied a standard $59 annual tax.