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 15 years ago,
Tenants requesting advanced rent returned
Just wondering what everyone's opinion on this is. I have a mom and daughter who usually pay rent 6 months in advance, due to the fact they cannot control their spending. Well they called this morning and they have had car trouble and would like Jan's rent back. Of course I told them I would do it, but I can really see a real downside to this also by allowing them to do it. I have no idea what the laws are in regards to something like this since we have a month to month lease.
Any opinions?