All Forum Posts by: Robert Bolejszo

Hello,

Attorneys that work union county (Elizabeth NJ) please reach out with your costing - thanks!

my situation:

I have a tenant that was previously continuously late with the rent (but paid) and now it has been extended to now being two months of non-payment (as we just went into the second month). We previously tried to evict the tenant for lease violations, late payments, and non-payments. However, due to this reason, we didn't provide a notice to cease before the notice to quit the late payment and lease violations were disregarded in court. The non-payment was resolved as the tenant paid the amount owed at that date and now has continued to be a non-paying tenant. 

Currently we have sent a notice to cease for the late payment/non-payment last month and are looking for a attorney at this time or recommendations for next steps - thanks!

Hi,

Does anyone know what the law states in NJ when it comes to the tenant's stuff after an eviction?

the situation: the tenant has been formally evicted by the local court/sheriff's office and currently the tenant's belongings are within the apartment

my questions:

it is my understanding the tenant has 30 days to take out their belonging before the landlord can throw it away - is this correct?

question 2 - 

the situation: we already scheduled one visit with the tenant to remove their belongings and were surprised that she only grab a few items and shared she would be back for the rest (we weren't aware that she was planning to do this)

What I don't want to do is to accommodate my previous tenant's multiple visits to get their belongings out. Therefore, what is the law on this matter? do I have to accommodate her as many times as she requests in the 30 day period or was the one visit enough and I can just discard the items after the 30 days. (or something else)

Thanks - do you recommend someone in that niche? Natalie?

Hi,

Does anyone recommend any tax professionals in northern jersey to do investment property tax returns? if so, who?

Hello - I was wondering if someone has a better understanding on the changes that are happening under the new Trump tax plan. I'm specifically curious to the limitations of property taxes and wanted to see if they apply to real estate investors. Would I be subjected to the 10k local/state tax limitation? (or whatever the limitation would be)

My current situation:

I currently own two 4 family investment properties that I get rental income from both. One is under a LLC and one is a sole proprietorship - the property taxes I pay is 14k on one and 15k on the second one. (Both properties are located in NJ)

Just a side note: I do not own a primary residence, as I rent for my current living arrangements.

Question:

Under the new Trump tax plan will there be limitations to how much of my property taxes that i can deduct towards my rental income. Or I will be able to deduct the full amount and won't be impacted by the tax plan. Questions 2: Does one property being in a LLC and the other being a sole proprietorship have any impact?

@ Jeff - How long after the permits were closed did it take for your taxes to go up?

ok - but base on that - If this 1.5 mil property sells and has 15k in taxes. Then it would become a Sales Comp and then it can be used? is that correct?

If my taxes happen to go up and I fight it thru the legal process to reduce my taxes. Do you think i could use properties like this 1.5 mil with 15k taxes as examples to reduce my taxes? or that wouldn't work.

nope, the property is in Union City, NJ

It was recently reduced from 196k to 170k assessment - before this permit item. I'm still in the process of closing the property as the seller is working on closing the open permits.