'Council may require rental-unit inspections (The Sentinel) Mechanicsburg Borough Council may consider adopting an ordinance Tuesday calling for the inspection of all Rental units in town. If enacted, the ordinance would clear the way for borough staff or an approved contractor to inspect each property for buildaing or related code violations.
'REAL ESTATE / ROBERT BRUSS: The tax impact of reverse mortgage? (The Charlotte Observer) Q. I am a 65-year-old widow and own my home, valued around $550,000. I would like to do some remodeling and am thinking of taking a reverse mortgage lump sum for about $50,000. What will that do to my income tax situation? I also own four Rental properties and have a comfortable retirement income. Will the reverse mortgage put me in a higher income tax bracket?