If I inherit my grandmas apartment, can I put it up for rent since it’s a small apartment in a college town and there will be takers.
Or should I sell it so I don’t become a “landlord”, which is bad?
Should all students just buy an apartment for the 4-5 years they spend in the city or will the city be the landlord for them somehow collectively? Or is it less bad if the college is the landlord by offering student housing?
Yes landlords shouldn’t exist. Colleges shouldn’t exist either talk about a cash scam and purely for profit leaches, don’t get me started on student athletes only a real scumbag would take a billion dollar industry and not pay the “workers”.
If I sell it to someone, they might become a landlord, which is bad.
Should I sell it to the city? Will they buy it?
Is it better if I gift it to my kid and keep it emtpty for 10 years until they need it? Then I’m not a landlord, because I don’t own multiple properties.
Can you give me a serious answer without the /s
If I inherit my grandmas apartment, can I put it up for rent since it’s a small apartment in a college town and there will be takers.
Or should I sell it so I don’t become a “landlord”, which is bad?
Should all students just buy an apartment for the 4-5 years they spend in the city or will the city be the landlord for them somehow collectively? Or is it less bad if the college is the landlord by offering student housing?
You could donate it? You could turn it into a shelter. You could let someone live there rent free… Why is selling the only option you can think of?
“Rent free” so I’d pay the costs and someone could just be there for free? I can’t afford that.
No… I specifically said “rent free” instead of “free”… You can charge them what it costs to upkeep with no profit, that’s my point.
…so now being a landlord is ok if you don’t make too much profit?
I seriously can’t keep up.
Yes landlords shouldn’t exist. Colleges shouldn’t exist either talk about a cash scam and purely for profit leaches, don’t get me started on student athletes only a real scumbag would take a billion dollar industry and not pay the “workers”.
Not American.
Our colleges and universities are free. There is no student athlete industry over here.
So if your taxes pay for education shouldn’t they pay for basic housing? One of these is required for life, isn’t this taught in university?
You didn’t answer my question:
If I inherit an apartment, am I allowed to rent it or should I sell it to not become a landlord?
What part of landlords should not exist did you not understand?
So what should I do with the inherited apartment?
If I sell it to someone, they might become a landlord, which is bad.
Should I sell it to the city? Will they buy it?
Is it better if I gift it to my kid and keep it emtpty for 10 years until they need it? Then I’m not a landlord, because I don’t own multiple properties.