Skip to content
Tax, SDIRAs & Cost Segregation

User Stats

5
Posts
2
Votes
Lena Schoemaker
Pro Member
  • Investor
  • Austin, TX
2
Votes |
5
Posts

5-plex is legally a 4-plex

Lena Schoemaker
Pro Member
  • Investor
  • Austin, TX
Posted Aug 24 2016, 13:21

I bought a 5-plex 6 months ago in Ogden, UT that I just found out from the city is only legally supposed to be a 4-plex due to political zoning issues. 

Are there any investors in Ogden out there who have similar predicaments? Do you just rent out the other unit anyways? Or do you have other ideas of creatively keeping your cash flow so that you don't go vacant for entire year?

Thanks!

Loading replies...