Tools to Help You Succeed
The unique nature of Washington D.C.'s rental market makes it a challenging place for property owners and tenants to navigate. Whether you're struggling to understand the restrictions and requirements of TOPA, or you're simply looking for help appealing real estate taxes in D.C., we've put together helpful resources to provide a helping hand.
D.C. Rent Control
Rent control rules govern the amount landlords are legally allowed to charge in annual increases. First enacted in 1975, today's rent control rules apply to all buildings constructed prior to this date that house at lease five units.
Before a landlord in Washington D.C. can legally sell a rental property to a third party, the current tenant must receive a written offer of sale. As there are no exceptions to these rules, TOPA is an important topic for both tenants and property owners to understand.
Real Estate Tax Protest
The Office of Tax and Revenue in Washington D.C. levies annual taxes based on the results of an assessment that determines a property's market value. When necessary, property owners have the right to appeal such tax bills.
When it comes to monitoring consumption, billing residents, and handling strategic planning, utility management proves essential for busy landlords in Washington D.C.
A PROVEN INDUSTRY LEADER
Oculus has been a fantastic partner managing Kensington Shopping Center. Daily operations are flawless. While partnering with Oculus, NOI has improved resulting in better than expected value creation. It is a comfort to know the professional Oculus team is looking out for my property.
Neil Burka - Harsam Properties LP
An investor must understand and independently confirm all aspects of an investment- good and bad- before investing. I will continue to rely on Oculus Realty because David’s team has demonstrated a better understanding of this nuanced market than anyone else I’ve encountered.
Brad Gilchrist - Gilchrist Investments
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