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Updated over 10 years ago on . Most recent reply

Brent Ludwig's profile image
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Brent Ludwig
  • Real Estate Investor
  • from Columbia, Illinois
  • Member since Apr 4, 2014
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Brent Ludwig's profile image
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Brent Ludwig
  • Real Estate Investor
  • from Columbia, Illinois
  • Member since Apr 4, 2014
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Brent Ludwig
  • Real Estate Investor
  • Columbia, IL
8
Votes |
29
Posts
General Landlording & Rental Properties

What rent discount do you give for paying a year in advance?

Brent Ludwig
  • Real Estate Investor
  • Columbia, IL
Posted

Help. I have a possible tenant that wants to pay a year in advance for her daughter who is in collage. Should I give her a discount on the rent or is this a bad idea,

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Steve Babiak
  • Real Estate Investor
  • from Audubon, Pennsylvania
  • Member since Apr 13, 2009
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Steve Babiak
  • Real Estate Investor
  • from Audubon, Pennsylvania
  • Member since Apr 13, 2009
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
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Steve Babiak
  • Real Estate Investor
  • Audubon, PA
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Check with your accountant before accepting more payments than the number of months remaining in the year. You'll have extra income where you'll have to pay taxes on but no additional expenses. 

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