Account Closed
rent not exceeding 33% of income rule question
I'm in the process for finding my first tenants in my first rent house. I'm just a little confused about the 30% rule. Here is what it states in my criteria: ''Monthly rent shall not exceed 33% of gross monthly income...
Account Closed
Supporters of gay rights have held numerous protests since the vote
BBC News, Los Angeles
Supporters of gay marriage march in Los Angeles on 9 November 2008
Waving rainbow flags and placards, thousands marched through eas...
Cali Skier
Will a tenant that is in eviction process show up on the report?
We are still a little green at this, and the last time we showed a house was 2 years ago. We had several prospective tenants see our sign or find us on zillow that were local and just wanted to get away from there la...
Sam Leon
Are "roommates" a protected class?
I have a question regarding the Fair Housing Act's Familial Status.The intent is to prevent anyone from refusing to rent to or give preferences to people based on their family status...single vs married, with or witho...
Karla Simmons
Tenants that are not related
We have been landlords for over 20 years and have mostly rented to married couples and traditional families (parents and children). I’ve always been a little hesitant to rent to unrelated groups, i.e., 3 friends or tw...
Lane Kawaoka
Takeaways from the list of 2018 Tax changes:
1) Standard deduction and personal exemption combined and seems like everyone is getting more... so its a wash IMHO.2) Less deductions for those who don't have a business like real estate investments. Sigh... it just ...
James Park
Best and Worst States for Taxes for Retirees
Interest article published by Kiplinger for the most tax friendliest states for retirees. The darker green states are among the most tax friendliest states.http://www.kiplinger.com/tool/retirement/T055-S001...
Georgi...
Dina Harleth
Are gains from sale of the primary residence taxed at capital gains rate or ordinary income?
I have always thought it was at the capital gains rate, but someone today told me that the gain on the sale of a primary residences is taxed at the ordinary income rate. Can someone clear this up for me? Thank yo...
Paul Z.
Would you rent to a couple where only one has good credit?
Hi there.I came across a few rental applocations where one spouse has >700 credit, and the other has low credit (610) or is in consumer proposal. Would you rent to such applicants?What is the lowest credit score yo...
Aralyn Austin
Potential Tenant w/o Green Card
Hello all,
I have a very young married couple and the son’s mother looking to rent my SFH. Once we began the screening process, I was told that the mother does not yet have her green card. The couple are both US citi...