General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Who pays for Mid-Lease repairs
If mid-lease inspection has uncovered a ceiling fan and two light fixtures that need replaced (broken by kids hitting then with a football), do I send the tenants a bill to pay now, or deduct out of security deposit? Taking out of the deposit seems logical, but multiple repairs, if they renew another year, could eat into the deposit and not be enough left in the end if major repairs turn up.