I have ACH setup for most tenants through Buildium, which works well since it clearly shows the outstanding balance (rent + any late fees).

Another idea I had was to keep a credit card on file and charge it on their move out for any outstanding balances if the security deposit doesn't cover it.

Josh,Whydon't you start by asking the creditor what the outstanding balance is.

This is after maxing out sec. 179 and bonus depreciation.New equipment 8.25% sales tax, 1% heavy use tax. 2% excessive diesel use tax.My equipment fleet worth 2.5mm taxed at 3% year.Heavy use tax on each truck $4,000.00Property taxes 3% and on and onI constantly read this forum and many others to learn as I only have a 10th grade education.

Which leaves 1/3 rent outstanding plus a late fee for December 2012 and all of January 2013 + late fee due.Despite several emails/calls, I don't get replies or call backs.Is their any difference on pay or quit / eviction process for office commercial for Baltimore city Maryland.

Also, I see outstanding balances on the foreclosure records.. :/ Maybe I'm not getting how that works?

Likewise on the amortization schedule that the two loans don't ever cross as to outstanding balances.If there is no pre-payment penalty on the underlying loan I'd take the $20,000 DP and start doubling up on mortgage payments, etc. and reduce the principal on the loan quickly.

Even if remains they returned the note making the DOT ineffective, it only secures the outstanding amounts owing, if you owe nothing, it secures nothing.

What's the outstanding loan amount?

He owns the property outright, but has a line of credit on his home that he used to purchase it and has $128k outstanding on that.