Repayment of principal is merely a balance sheet movement that never hits the P&L.Your accountant should look to what was done with the proceeds over time to determine accounting treatment as well as interest tax treatment. 

There are a couple states that require you to end the lease at the end of the month.If you can give notice at any time, my recommendation is that you wait until he pays rent because there's a very good chance he won't balance his account on the way out the door. 

Applicant has a higher credit score above 720 but has 15+ 30 day late mortgage payments over 10 years (four in the last two years).  75% balance on credit limit.No rental history as a previous home owner.  

For example, if we reside in the SF home, it would not generate income to balance out the equation. 

Once you start showing up to do the little extra things, tenants will take advantage of your good nature and continue to call for every little thing that they could do themselves.I see no issue in providing the window insulator kits, but try to find the balance.

I politely explained I've only tried to help each step, and he keeps sending me accusatory emails balanced with apologetic emails.

Of course, the most useful reports are your balance sheet, income statement, and cash flow.

Everyone here started with some balance between cash, knowledge and support.

...The state law expects that you only hold one month, so they either move out and you allocate the funds as needed for repairs and return the balance, or they stay and then you give them back that amount over the one month of rent.

I have owned this property for over 20 years and have a low balance on the mortgage.