
31 August 2020 | 0 replies
The COVID pandemic has caused dozens of formerly ubiquitous retail chains to declare bankruptcy and shutter stores, leaving an unprecedented amount of vacant commercial space.

9 February 2022 | 195 replies
Although Trump has never filed for personal bankruptcy, hotels and casino businesses of his have declared bankruptcy six times between 1991 and 2009 due to its inability to meet required payments and to re-negotiate debt with banks, owners of stock and bonds and various small businesses (unsecured creditors)."

21 October 2020 | 17 replies
@Kamran RahmanI'm glad it was helpful.I will say while I am not accustomed to room-by-room house hacking, but you should be declaring the rental income and having to do a semi-complex SchE filing with your Federal tax returns.

3 September 2020 | 13 replies
It's important to read what it covers and what it DOESN'T cover: The person has to prove they can’t pay the full amount because of loss of work relating to COVID-19 The person has to make every attempt to pay rent on time The person has to APPLY under Oath, under penalty of perjury It is not automatically granted If the renter has some other place to move to, they can be evicted The renter STILL OWES all rents, they have to be paid at some point This does not include foreclosure on a home mortgage They can still be evicted for violating OTHER ITEMS on the lease agreementHere is the Actual Wording: “Covered person”means any tenant, lessee, or resident of a residential property who provides to their landlord, the owner of the residential property, or other person with a legal right to pursue eviction or a possessory action, a declaration under penalty of perjury indicating that:1) The individual has used best efforts to obtain all available government assistance for rent or housing;2) The individual either (i) expects to earn no more than $99,000 in annual income for Calendar Year 2020 (or no more than $198,000 if filing a joint tax return),(ii) was not required to report any income in 2019 to the U.S.

13 December 2020 | 7 replies
If you do not sign and deliver the declaration within this time period, you may lose the eviction protections available to you.

26 November 2020 | 13 replies
It remains ineffect until the peacetime emergency declared in Executive Order 20-01 is terminated or until itis rescinded by proper authority."

5 September 2020 | 12 replies
You can't just declare your example is valid without defining your example.

3 September 2020 | 9 replies
At the bottom line, each party gets a number (seller = proceeds and buyer = money he needs to bring in).However, if it is a condo, you need to have something in the PSA asking for a copy of the HOA payment coupon, along with any leases, insurance declaration, recent utility bills, yadda-yadda.If buyer just accepted that HOAs are $x/month without any documentation, I don't see where an estoppel (usually between landlord and tenant) would help - HOA dues are something he/his broker should've gotten a copy of as an operating expense.Now if the seller lied and there is written evidence, he'd have a better case.

7 September 2020 | 9 replies
The trustee finally obtained a summary court order declaring that "certificate of lien of release" as void, and that the foreclosure was valid.

6 September 2020 | 1 reply
That didn't provide us much solace as the title insurance was refused and that the title was clearly not marketable.The trustee finally obtained a summary court order declaring that "certificate of lien of release" as void, and that the foreclosure was valid.