Charity Chavez
San Diego Bans Source of Income Discrimination - 3rd party payers
SAN DIEGO LANDLORDS! Are you aware you can't reject an applicant for having a 3rd party payer? As of August 2018 the City of San Diego has made it illegal to discriminate based on source of income.https://nlihc.org/ar...
David Chau
Lenders won't accept capital gains as a source of income.
Hello, I'm in the market for an investment property and have came across a major roadblock with lenders not accepting my 4 years tax return of capital gains from my Cryptocurrency investment business. I am under the i...
Brandon McCombs
sources for income approach for appraisal on 8 unit bldg
Last year I had a fire in my 9 unit mixed use building. There were seven apts and 2 storefronts. The building is mostly gutted and we've taken the opportunity to redo the layout to make it flow better since it is a 90...
Terrell Washington
What are good sources to find properties for Rental income?
I am currently working as a truck driver. I make decent money but I want to start earning passive income through rental income. I always hear stories of people finding good deals on houses from 20k-50k but I’m curious...
Milton Chamberlain
Kansas City MO NEW Source of Income Discrimination Ban Ordinance
Hi BP community,There was a recent ordinance passed in the state of Missouri (specifically the actual city of Kansas City) pertaining to whether or not landlord's can review and deny tenant applications based on sourc...
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
New year, new laws (Senate bills 205, 206 & 207).Effective January 2, 2025, Michigan landlords can no longer consider a tenant's source of income when screening them. (income = 3 x monthly rent, Debt-To-Income, et...
Chase London
Buying Chicago property with FHA loan, need advice
I'm trying to get any info or tips or even advice on what i should do. Looking for a 3-4unit using FHA Loan but switched income source back in April so previous returns reflect old income source and currently income i...
Sharon Frazier
Section 8 Only Advertising?
Can rental properties be listed or advertised "section 8 only"? Is that a violation of fair housing laws pertaining to discrimination against income source (I guess in reverse for non-section 8 applicants)? Thanks!
Diego Torres
Scenario: Where do I pay taxes?
I just bought a 4 unit commercial property (small strip mall) cash out of state, I understand that I will be paying property tax in the state in which the property is located. Now I'm going to rent out the units, wher...
Lawrence Hsu
Do you count unemployment benefits as income?
Novice poster here.
I have co-applicants to a unit. One makes good income, but not enough to satisfy the monthly income 3x rent rule. The coapplicant submitted unemployment benefits as income, which combined with the...