Can an apartment building owner decide to stop renting out units? What are the tax benefits of owning a condo?

Oct 5, 2013 ... When looking for a condo, loft, apartment, or cooperative apartment, this may help clarify for you. What's the difference? whats the difference ... Oct 29, 2018 ... But unlike an apartment, a condo is owned by its resident, not rented from a landlord. A townhouse is an attached home also owned by its ... What's the Difference Between Condos vs. Apartments? ... The main difference between an apartment and a condo is who has ownership. A condo is a private unit ... Aug 28, 2023 ... Comments Section ... An apartment is rented. You would sign a lease and pay a monthly rent to the landlord. A condo is purchased. You would pay ... Aug 7, 2024 ... Here's a detailed comparison between a Condo and an apartment, focusing on rent, maintenance, amenities, and other factors. Mar 15, 2023 ... The most important difference between a condo or an apartment in Indianapolis is who owns it. Let's break it down a little more. an apartment is who you'll pay rent to. If you're renting a condo, you'll pay rent directly to the property owner, who acts as your landlord. If you're renting ... Nov 21, 2023 ... The main difference between a condo and apartment is that an apartment is not available for sale and complete ownership. Meanwhile, you can buy ... Sep 14, 2017 ... We have found that design for condos ultimately focuses on permanency, similar to the design of single family home; as opposed to apartment ... While condo units are owned by individual owners, an apartment is typically owned and managed by one entity and is supervised by the community property manager.