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Tax, SDIRAs & Cost Segregation

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Spence Kal
  • Rental Property Investor
  • OH (ohio)
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What’s the weirdest law/regulation you’ve seen?

Spence Kal
  • Rental Property Investor
  • OH (ohio)
Posted Sep 16 2020, 09:20

With all the different HOAs, cities and what not, what’s the weirdest regulation and penalty you’ve had to comply with?

Here's my story: I recently bought my first rental in an area with a POS (point of sale) which is new to me. Apparently they come inspect at the time of sale and tell you if your house it up to par, like a giant city wide HOA. Now mine is quite trivial and I'm happy to comply, but apparently my house numbers are not adequate, and must be at least 4" high with minimum 1/2" stoke for contrast. Does the 4" include the stoke, or is that on top for it for a total of 4.5? If I don't comply I am supposedly going to face a "misdemeanor of the first degree" with "maximum $1000.00 fine and 6 months imprisonment".

Can I really spend 6 months in the slammer for using 3” house letters?

I’d love to hear the dumbest regulation and consequences from everyone here, so whats your story?

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