Increasing Rent - What to do about downpayment

[David Foscaldo]

Hello All, 
I was hoping someone could provide me with some clarity regarding a deposit question. I have had a tenant in a rental unit for a 2 years now. They have renewed their lease annually. This year I will be increasing the rent for the tenant which I don't expect to be an issue. My question regarding the money they put down when they initially rented the apartment. They had put down a first month, last month and damage deposit. Should I be asking them to provide more funding so that the last months rent that I am holding would now equal the current monthly rental amount? The difference is not big ($25) but I did want to make sure to handle the process properly and fairly.

Thank you

[Stone Teran]

I wouldn't.  That $25 makes it a double dose of potentially "unfair" bad news.  Raise the rent with ample notice and leave it at that.