I understand my error in not having a written cancellation policy and I will make sure to have one in the future.Thank you in advance! 

The reasons cited for the market not following suit this time are concerns that increasing GDP, especially in Q4 of 2024, and policy changes such as tariffs could lead to a resurgence of inflation and thus a change in the Fed’s projections, with there being 150bps of variance between certain Fed members projections (Source).

By working closely with hosts, legal teams, and city officials, PadSplit successfully defended its model, ensuring continued housing opportunities for those in need.With this case setting a precedent outside of Atlanta, it strengthens the argument for more flexible and inclusive housing policies.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

If you have a landlord policy, that's an easy way to get flagged by your lender.

Ensure that your late fee policy is large up front with no daily late fees. 

Allowing pets, including the dogs nobody wants (excluding pitbulls, unless your landlord policy specifically covers them), will give you access to qualified tenants that otherwise can't find places that allow them. 

Additionally, Airbnb’s policies support hosts when guests do not comply with house rules.

Stick to your standard screening policies and don’t feel pressured to bend your criteria.

It also prohibits adverse actions against employees based solely on the receipt of a notification regarding work authorization discrepancies. icpas.orgLLCs operating in Illinois should review and, if necessary, update their policies and procedures to ensure compliance with these new regulations.The above is an excerpt for the Illinois REIA newsletter of 22 Feb 25