Well, of course I don’t have the accounting ledger so this is probably not the “documentation” you were hoping for but it’s the best I can do.
On another related front, we have a friend who owns a small 3 unit apartment building in the Bronx. You remember what the Feds did with private contracts between landlords and tenants? I own two houses down here and thank god, my tenants paid their rent during the pandemic but my friend’s did not. He did get the money eventually paid in full- FROM THE GOVERNMENT!!!!
I know people who could have paid their rent but didn’t because the government said they didn’t have to and the tax payers covered them. This makes my blood boil. The government did not interfere between banks and mortgagees. If you rented an apartment in NY, you got free space but if you owned a co-op or a condo, you still had to pay your mortgage and maintenance. If you were a landlord now with no income, you still had to pay your insurance and property taxes!
Thanks for the backstory. I hope we can secure an accounting at the source -- one way or another.
Well, of course I don’t have the accounting ledger so this is probably not the “documentation” you were hoping for but it’s the best I can do.
On another related front, we have a friend who owns a small 3 unit apartment building in the Bronx. You remember what the Feds did with private contracts between landlords and tenants? I own two houses down here and thank god, my tenants paid their rent during the pandemic but my friend’s did not. He did get the money eventually paid in full- FROM THE GOVERNMENT!!!!
I know people who could have paid their rent but didn’t because the government said they didn’t have to and the tax payers covered them. This makes my blood boil. The government did not interfere between banks and mortgagees. If you rented an apartment in NY, you got free space but if you owned a co-op or a condo, you still had to pay your mortgage and maintenance. If you were a landlord now with no income, you still had to pay your insurance and property taxes!
How dare they!!!