In Seattle, there is a lot of legislation popping up that can leave a landlord dizzy.

However it seems very clear to me that many Biden policies and legislation will be chopping the middle class at the knees.

My personal expectation is that any revenue raising legislation will have an effective date of whenever the bill is signed into law.It's really anyone's guess, however deeply retroactive legislation that raises taxes is debatedly unconstitutional under the due process clause of the fifth amendment, and to a lesser extent other clauses.

Adding millage typically needs to be passed by voters, but unless this is in an area with legislatively set value increases, county governments can normally get more aggressive on assessed values to help boost their coffers.

In other words, there are a lot of factors, but anti-landlord rhetoric and legislation is almost certainly a part of it.

@Tyler PattersonVerify with local legislation here, but as this is considered a 'common' area you should in theory be able to use the footage if it's posted you're recording.

@Mitch JonesPersonally I see every ridiculous government legislative roadblock as a reason why others will drop out/ fail.

@Chris SeveneyThe Socialists use COVID and the like to pass legislation to weaken property rights and further their agenda of destroying private property and instituting state property ownership.In 1947 NYC, using the post war housing shortage as an excuse, instituted the “temporary” measure of rent control. 70+ years later the temporary measure, as well as a companion measure instituted in1971 is still in effect, with the effect of having provided a transfer of wealth from property owners to tenants.

We focus mainly in the midwest and SE with our investments where there are landlord friendly legislation, low taxes, economic stability/diversity, population growth, reasonable home prices that allow for cash flow but still have appreciation. 

Is this legal under current legislation?