Stephanie Lella
Pit bulls in low income housing
Does anyone have experience allowing pit bulls or other "dangerous breeds" in low income housing units? What is the liability to the home owner if I put a specific clause in the lease regarding pet behavior and owner ...
Val Csontos
IRS says: No Capital Gains Tax for You if you sell your section 8 rentals!
There is a catch of course, but that is normal when dealing with the IRS. However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...
Julio Gonzalez
Maximize Tax Savings and Expedite ROI
Are you familiar with Low-Income Housing Tax Credits (LIHTC) or cost segregation studies? Both are individually great tools for real estate investors but when combined, real estate owners can greatly maximize their ta...
Adriel Liwag
Should I sell or keep my condo in Colorado Springs
Hi BP, I'm posting this for a friend.She's the owner of a Condo in Colorado Springs, the vacant lot/field next to the condos were going to be more Condos. Due to the recession the owner was not able to secure financin...
Clayton Carpenter
Where does one purchase LIHTC program MFH?
Looking to expand my portfolio by purchasing and managing a low-income subsidized apartment/housing project. My business is well prepared for the complexities of managing low-income housing. Any input is much apprec...
Ed Osowski
Land Use Restriction Agreement Across 3 Multis
Hi everyone,I've come across a situation I have no experience with. We're currently trying to buy two LIHTC properties. They're in decent shape, located neighborhood we really like. Current owner is open to a sale.The...
Rick H.
Improved Housing Standards Shutting the Door on the Poor?
Below is an excerpt from an interesting read which is also linked below. The gist is that governmental efforts to regulate, and presumably improve, low income housing, have made such housing unaffordable for low inco...
Remrie Arrie
Can I sue HUD for "stealing" my tenant?
Here's an idea.... Can we seek repayment in full from the low income housing program? They are technically responsible for our tenant breaking her lease by approving her for low income housing; effectively "stealing" ...
Steven Woods
Affordable Housing?!! Low/ Moderate Low income housing
Hey BP family! SOooooo I've been digging deeper into low income affordable housing and doing developments in the city of Lake Elsinore. I currently have a 13 unit project underway but wanted to know my BP fam's opinio...
Vanessa Wright
Renters in Low Income Housing - Any Advice
I am really drawn to the idea of building a large portfolio in low income and affordable housing areas. Areas were 90% or more of my tenants will be on sec 8 and government assistance programs. Some of the concerns I ...