Sentences with phrase «keeping vacant property»

Councilmember Tony Avella, a Queens Democrat running for mayor, is working on a bill aimed at stopping landlords from keeping vacant property off the market.

That lower tax rate made it less costly for landlords to keep the vacant property.

Not exact matches

(BTW, the keeping inherited house vacant for decades is not as uncommon as one would think — anyone out there who can come up with a workable solution to converting probate and inherited family property into rentals could have an amazing business).

Landlords keep property vacant for a variety of reasons, according to Frank Ricci, director of governmental affairs for the Rent Stabilization Association, a pro-landlord group.

Rather, this is a completely separate property — be it a second house, vacant lot, office space or condominium unit — you keep in your portfolio as a source of additional income.

If you can consider the house as «let - out property» kept vacant, you can claim 1/5 th of PPI + regular interest payments of FY 2015 - 16 (no ceiling limit).

Just reiterating one more question — if I do not let out my property and keep it vacant in this case, will I still be eligible for entire loan interest deduction OR I will fall under 200,000 max limit?

You have to keep paying loan interest and other fixed costs, even when your property is vacant.

Homeowners can also make use of unused property by turning those vacant backyards into commercial or residential buildings, while still keeping some greenspace to separate the two buildings.

Canada does not know how many vacant units there are, but it is thought that there are 350000 citizens, I think, in Vancouver alone who got their citizenship and returned to Hong Kong, but who keep property in Vancouver to show they own property.

If your benchmark is perfection all comers will fall short, but consider what can go wrong with property management and I've seen it all happen... theft of your rent money, fabrication of invoices, referring of repairs to the owner's brother in law who doesn't have a clue what he's doing, letting your property sit vacant for 6 months, HOA violations going unaddressed for which you're never notified, horrible record keeping, money not being escrowed properly, owner distributions not coming on time or at all, fee structures that reward managers with more money every time they order a repair, invoices not provided, property statements poorly organized and unclear so you can't tell the real story, tenants reporting dangerous repairs such as a leak or a dangerous safety issue and nobody responds and you get stuck with a giant bill or a lawsuit etc... None of these things have happened to me with Green Residential.

From advertising rental property listings in Tampa, St Pete, Clearwater, showing your vacant rental property to prospective tenants, to background screenings and credit checks, to move in / out inspections, rent collections, and tenant maintenance requests, we leverage technology to keep your costs low, and your rentals running smoothly.

If the property is keeping you up at night or causing stress, There are lots of situations where we can help, including... avoiding foreclosure, divorce, relocating, inherited an unwanted property, own a vacant house, upside down in your mortgage, behind on payments, owe liens, downsized and can't sell your house, needs repairs you can't pay for, fire damaged, bad rental tenants, and more.

Also, keep in mind that caveat emptor applies to all used real estate including improved and unimproved property such as vacant lots.

Looking at listing may not need full rehab, new roof and water heater done, 3br in neighbor run 900 to 1000, rehab for low maintenance, try to buy as low as you can, look at comps, probably could go in as low as 38 - 42 with good agent and stress as is, maybe a few agents here to help, get one to give you good numbers not listing agent numbers, street is a nice one for area, not much back yard or parking but nice front, before you close make sure vacant contingent, if numbers work I would do it, the are predicting an abundance of rentals avail next year with building craze but keeping expense low you should be safe, remember don't rehab as if you are living there, think durable and repaintable, number should go into systems and structure first, elect, heat, walls, windows, floors, plumbing, if you use a contractor go with one you know or work with someone in area to keep an eye on progress, good luck at least you know some of the history of the property

Denver spends just under half a million dollars a year to keep about 100 vacant and neglected foreclosed properties from becoming blighted.

There are lots of situations where we can help, including... avoiding foreclosure, divorce, relocating, inherited an unwanted property, needing a short sale, owning a vacant house that costs money to keep every month, upside down in your mortgage, behind on payments, owe tax liens, downsized and can't sell your house, house needs repairs you can't pay for, fire damaged, bad rental tenants, and more.