With laws constantly changing, housing providers are strongly encouraged to seek legal advice prior to serving any notice of termination for nonpayment.
Tag: COVID
The Importance of 1031 Exchanges
The American Families Plan's proposed cap on like-kind exchanges at $500,000, which would greatly impact larger investors who are repurposing and renovating commercial real estate in a post-pandemic economy.
Do you have tenants that are not paying rent?
The Landlord Compensation Fund (LCF) reopened last week. The second round of assistance for covering rent owed by eligible tenants is at least $50 million. The timeframe for the accrued rent owed is from the past year, April 1, 2020 - April 30, 2021. If you are a participating housing provider you could receive funding…
How the eviction crisis could cost Oregon billions
As of February 2021, a reported estimate of 89,000 households are behind in rent equaling more than $378 million. Since the start of the pandemic in 2020 a mass wave of tenants have become behind on their monthly rent, and the numbers continue to soar. The eviction ban across the state allows tenants to remain…