5520 Brampton Way, Sacramento, CA 95835 This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Water Metering is Coming to Sacramento
Effective immediately, we are requesting all our Sacramento property landlords to establish the billing of the City and County of Sacramento Utilities to include the names of their Resident and Cornerstone Property Management, along with the owners' names in the invoices that will be mailed to the property (service) address.  
Franchise Tax Board Requirements for Property Owners who live outside California

Beginning January 1, 2010, California law requires, with some exceptions, anyone who lives outside of California and who owns rental property in this state to pay a quarterly withholding credit on any rents collected.

As your contracted management company, we are mandated by law to withhold 7 percent of the rents we collect on your behalf and to send those funds to the Franchise Tax Board each quarter.