Recent content by lyle12

  1. L

    Lawyer speak translation please

    I sent my tenant an unsigned copy of a lease renewal. He agreed to renew and said "Will revert with the signed copy." Does that mean he wants me to sign before he signs? FYI he's a lawyer.
  2. L

    Dispute with condo board over rental

    A possible solution is to pay 1200 upfront that way the rental fee date and lease renewal dates are in sync. Condo Board gets 100% of what they are owed.
  3. L

    Dispute with condo board over rental

    Right now I've been communicating with the building manager. An outside hired agent. He's a robot and a money shark. I think my best option is to appeal to the condo board president directly. Forfeiting 80% of the fee is quite punitive. Sometimes he's agreeable if you go weep at his feet...
  4. L

    Dispute with condo board over rental

    I own a condo in NYC. It's a small building. I've been renting out my unit for almost 10 years. There is an annual rental fee of $1000. All leases are 12 months in length except. the most recent lease. 1. The first renter stayed for 2.5 years and asked to leave mid lease b/c she was...
  5. L

    Unmarried couple wants to pay rent separately -NYC

    Thanks @adjusterjack. I'll go with that. Is there a reason for one check from a legal perspective?
  6. L

    Unmarried couple wants to pay rent separately -NYC

    Each wants to pay their have separately. Is there any legal reason not to agree to this?
  7. L

    Tenants damaged cabinets and countertops

    I have a security deposit that more than covers the damages.
  8. L

    Tenants damaged cabinets and countertops

    My tenants damaged the following: 1. Broken bathroom sink with 4" hole in it. The sink was cemented to the marble countertop so the repair isn't easy. Repair cost was 1200. Replacement cost 1000. I replaced it. 2. Cabinet below sink was completely rotted out and molded. Drawer was rotten...
  9. L

    Net Operating Loss for Rentals

    One issue I might run into is I did not choose to waive my carryback in a timely manner for 2017 & 2018. B/c I did not file the waiver, I cannot waive the carryback period. And I am not eligible for the carryback period. Kind of a Catch-22. From IRS Pub 536: Waiving the Carryback Period...
  10. L

    Net Operating Loss for Rentals

    @Tax Counsel -- Thanks very much for the detailed feedback. I read thru the instructions on both 2017 & 2018 Net Operating losses (IRS Pub 536). It looks like I've missed the deadlines for both years. Based on what I've read I can only carry these losses forward. Which is unfortunate b/c I...
  11. L

    Net Operating Loss for Rentals

    I own 2 rental properties which generated losses in years 1,2 and 4 of existence. Year 1 was 2017 which I filed an incorrect tax return on. I am getting reading to submit a corrected return for 2017. I have not filed taxes from 2018 thru 2022 because I knew I would not have any taxable...
  12. L

    Speeding ticket & Defensive driving courses

    One prima fascia mistake on the ticket is the owner is operator checkbox is checked. It's not my car, it's my mother's. Is that a legitimate defense at the Traffic Violation Bureau?
  13. L

    Speeding ticket & Defensive driving courses

    Based on the document - GEICO will not assign any internal points to my policy b/c I was not in excess of 20mph over the speed limit. (70mph in a 50mph). If no points are assigned I will not get an insurance surcharge. I have read that the NYS DMV does not upload "DMV points" to my insurer...
  14. L

    Speeding ticket & Defensive driving courses

    Thanks for the advise. Does it make sense to call my insurance company and ask them how they treat these cases? Or am I giving up too much information to the insurance company?
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    Speeding ticket & Defensive driving courses

    I got a speeding ticket on a highway in NYC. Going 70 in a 50. Since it's 20 mph over the limit, it's 4 points. I've read that NYC defensive driving courses will reduce up to 4 points off your license. I've never had a moving violation as a driver. In my case will the defensive driving...
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