Property Management Blog

Tax Withholding Update

Property Management Blog

System - Thursday, December 17, 2009
There are additional provisions for waiving the tax withholding by filling out FTB Form 588 - Tax Withholding Waiver Request. Please see the list of reasons below. If you think that you fit into any of these categories, you can fill out the form and send it to the Franchise Tax Board. They have typically processed these requests with...

Pay Rent Online!

Property Management Blog

System - Thursday, December 10, 2009
Cornerstone is now accepting payments using our online pay portal. Tenants can click on the residents tab and click 'pay rent online'. Once registered you can make online rent payments using major debit or credit cards.* *A transaction fee may apply.

Owner Portal

Property Management Blog

System - Thursday, December 10, 2009
Clients of Cornerstone Property Management can view copies of their statement by entering their registered email address at: The page will appear with a text box where you enter your email. When you click 'Send Access Email' you will be sent a one-time use link to your portal. If you have any issu...

California Tax Withholding

Property Management Blog

System - Thursday, December 10, 2009
Beginning January 1st, 2010 the Franchise Tax Board will be requiring residential property managers to withhold 7% of nonresident owner’s rental income. You may qualify for an exemption if you meet the FTB residency requirements. A resident is defined in the instructions for Form 590. This form can be found online at: http://www....

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Cornerstone Property Management
1190 S Bascom Ave. Suite 108
San Jose, CA 95128

P (408) 377-3000
F (408) 288-9426

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