RECOMMENDED IN RENT
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80/20
Ask Sam: How much can the rent increase by in 80/20 buildings?
… answer depends on which kind of tax benefit program your building is participating in says Sam Himmelstein a lawyer … housing program developers are given tax breaks in exchange for reserving 20 percent of the apartments in their buildings for lowincome renters Most of …
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 … given tax breaks in exchange for setting side for lowincome renter 20 percent of the units in their buildings These … in people who are selfemployed and freelancers you should also look carefully over the IRS rules for home …
2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more
… code word softening at the top of the luxury sales and rental markets while everyone in more downtoearth price … for sellers Nows not the time to set a new price record for your building or neighborhood if youre really serious about … at the middle and lower range of the price spectrum they shouldnt expect much thrown their way when it comes to free …
Ask Sam: I found out my apartment is supposed to have a dishwasher. Can I get reimbursed for rent overcharges?
… landlord to install a new dishwasher or at least get your rent reduced until they do dont expect to collect back rent for the years youve spent doing dishes by hand says … rent increases rental conversions rent stabilization law lease buyouts and many other issues He is a partner at …
Ask Sam: Can my 80/20 building shut its subsidized tenants out of the new laundry room?
… … In most 8020 buildings it should not be legal for the landlord to allow some tenants but not others access to the buildings amenities … the 8020 program theres the general rule that the tenants of the affordable units must be provided the same or …
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing
… Yorkers are clamoring for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income … followup question Who can really afford this affordable housing The question pops up often whether its over planned …
