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Updated almost 7 years ago,
Security and Last Month's Interest Payment
I'm an investor in Massachusetts and I'm curious if there's a creative way to set up the landlord/tenant account that holds the tenant's security and last months rent deposits in such a way that the annual accrued interest can be paid to the tenant automatically...
As of right now I'm required to manually send a check to each one of my tenants on their year anniversary. I'd like to think there's an easier way to do this, any help would be great!
Thanks!