Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

66
Posts
17
Votes
Ally Kumar
  • Investor
  • Lutz, FL
17
Votes |
66
Posts

Inherited tenants, offer new month to month lease?

Ally Kumar
  • Investor
  • Lutz, FL
Posted

Inherited tenants who were on month to month lease and I gave them their 30 days notice of rent increase. They want to sign a new lease but I want to see what kind of tenants they are before offering them long term/12 month lease. If I offer them my new month to month lease, is it considered continuation of their previous tenancy to avoid short term rental? Can I use their previous month to month lease with new rent? Maybe offer 7 month lease to try them out? Suggestions please.

Most Popular Reply

User Stats

66
Posts
17
Votes
Ally Kumar
  • Investor
  • Lutz, FL
17
Votes |
66
Posts
Ally Kumar
  • Investor
  • Lutz, FL
Replied

@Karen F.

@Nathan Gesner

@Kelly DeWinter

Thank you all for taking the time to reply and for valuable advice. I have heard anything less than 6 months rental is considered short term rental and may have hotel/transient dwelling tax or other implications. I am not sure if it applies to month to month lease?

Loading replies...