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Started By
Message
Owners who rent
Posted on 8/20/16 at 11:43 am
Posted on 8/20/16 at 11:43 am
Do owners who rent out their house get any flood disaster money???
4
Posted on 8/20/16 at 11:43 am to cmsoccerkp
It's called insurance
Posted on 8/20/16 at 11:44 am to cmsoccerkp
Nope, not from FEMA. Considered a small business so you can apply for a small business loan to demo/renovate.
This post was edited on 8/20/16 at 11:47 am
Posted on 8/20/16 at 11:48 am to cmsoccerkp
I don't believe so
I know a friend who bought a new house and his old house flooded while he was trying to sell it
He gets $0 from FEMA because it is his secondary home.
IMO FEMA isn't here to give you money so you can keep making profits. They are concerned with getting people back in their homes to live
I know a friend who bought a new house and his old house flooded while he was trying to sell it
He gets $0 from FEMA because it is his secondary home.
IMO FEMA isn't here to give you money so you can keep making profits. They are concerned with getting people back in their homes to live
Posted on 8/20/16 at 12:15 pm to cmsoccerkp
No, but you can file it as a loss on your taxes. FEMA is only to get you back to a livable situation, not fix your second or third home.
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