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The city of Bellingham recently required property owners give tenants 120 days notice of rent increases. Depending on where your property is, you might be entitled to more than 60 days notice.
Earlier this year, the city of Bellingham enacted an even stricter policy on rent raises, requiring 120 days notice from property owners in the city. This notice must be written, it cannot be verbal.
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This, along with a higher sale price, increases the incentive to rent or sell agricultural land to developers. On the other hand, a property owner who develops a parcel must thereafter pay a higher tax, based on the value of the improvements. This makes the development less attractive than it would otherwise be.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
The theory of optimal income tax on individual labor aims to find the optimal trade-off between the following three effects of increasing taxation: The mechanical effect - an increase in tax-rate increases the government revenue, if no individuals changed their behaviour in response.
As of October, she still hadn't been paid for August and is now also owed another $5,000 for September rentals. "This year is going to be tough,” Gibson told ABC 7.
Owners and users of property and land also pay taxes based on the value of property to the water boards for flood protection and water and wastewater treatment ("waterschapsbelasting"). A percentage of the value of a house ("huurwaardeforfait") is added to the income of the owner, so the owner of a house pays more income tax. All property ...
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