What exactly is the 'AMI' that's used to determine affordable housing rents?

… to households who make up to 90 percent of AMI in exchange for investors receiving a reduction in state income … program provided city property tax breaks to developers in exchange for setting aside rentstabilized units for renters … that developers can often secure lucrative tax breaks in exchange for some still highpriced units For example 60 …

By Celia Young |October 22, 2024 - 9:30AM
Can I work from my 80/20 apartment—and claim it on my taxes?

… … You can work from home and claim home office deductions on your income taxeswith a few … oneonone sessions in the apartment And would it be okay to claim apartment expenses on taxes … Rent … 80/20 … Ask an … … renters … taxes … Can I work from my 8020 apartmentand claim it on my taxes …

By Alanna Schubach |October 22, 2018 - 10:00AM