Exempt from AB 1482 Rent control in Los Angeles

[John Boby]

Hello,

I own a rental single-family house in Los Angeles which owns by my land trust name. The beneficially of land trust is my CA single member LLC.

Single-family homes and condominiums are only exempt from AB 1482 if BOTH of the following conditions apply: The property is not owned by one of the following: a real estate trust, a corporation, or an LLC with at least one corporate member.

Am I exempt from AB 1482 or not?