Real Estate
In Los Angeles, Your Chic Vacation Rental May Be a Rent-Controlled Apartment
Amid an affordable housing crisis, dozens of rent-controlled buildings are listed on short-term rental websites. A 2018 law was supposed to stop that, but the city is struggling to enforce it.
Local Reporting Network
IRS Audit of Trump Could Cost Former President More Than $100 Million
The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed Chicago tower.
How LA Failed to Stop Landlords From Turning Low-Cost Housing Into Tourist Hotels
Fifteen years ago Los Angeles passed a law to preserve residential hotels as housing of last resort. Now, amid the homelessness crisis, Capital & Main and ProPublica found some hotels may be violating that law.
Local Reporting Network
HomeVestors Said It Had Kicked Out a Top Franchisee Who Broke the Law. New Evidence Suggests It Didn’t.
The company said it had cut ties with Cory Evans, the former co-owner of Patriot Holdings LLC, “a number of years” ago, but texts, emails and interviews indicate he was still engaged in the business as recently as March.
Impact of Our Reporting
DOJ Files Antitrust Suit Against RealPage, Maker of Rent-Setting Algorithm
The lawsuit, which comes in the wake of a ProPublica investigation into the Texas company, accuses RealPage of taking part in an illegal price-fixing scheme to reduce competition among landlords to boost prices — and profits.
Minnesota AG Sues Contract-for-Deed Seller Who Allegedly Targeted Muslim Community
The complaint, which alleges violations of lending law and religious discrimination, follows a ProPublica and Sahan Journal investigation.
After Seeing Controversial Contract-for-Deed Home Sales Affect Constituents, Minnesota Lawmakers Propose Reforms
The state legislators said the home deals had harmed members of the Somali community in and around the Twin Cities. Some buyers have lost their homes.
