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 3 years ago, 07/08/2021
Using tenant security deposit for maintenance
Hey folks, so I've heard different perspectives on this issue and I'm curious to know what the bigger pockets community thinks. Is it ethical to use a tenant's security deposit for repainting and cleaning or regular wear and tear? My initial thoughts are you shouldn't and that the security deposit belongs to the tenant unless the breach the contract or cause damage. What do you ya'll think?