A bill to limit major investors from buying up large numbers of single-family homes got a public hearing in Olympia on Wednesday. Senate Bill 5496 , according to a brief summary of the bill, …
Companies shouldn’t be allowed to hold more than say 3 single family homes (allowing for individuals to have a few rentals max under an LLC), and that includes all related companies, subsidiaries, etc.
Extending beyond that it would need to be a company handling condos, apartments, etc. and not single family homes.
Companies shouldn’t be allowed to hold more than say 3 single family homes (allowing for individuals to have a few rentals max under an LLC), and that includes all related companies, subsidiaries, etc.
Extending beyond that it would need to be a company handling condos, apartments, etc. and not single family homes.