so i have a section 8 tenant in one of my rentals. she is a good tenant. about a month after she moved in we had the plumbers come out and roto rooter the main line leaving the house. i didnt mind. the cause for this instance could have been anyones, not to mention it hadnt been cleaned out in a few years. no biggie. 5 months later i needed to call out the plumber again. this time the main cause of the plug was someone was flushing down those sanitary wipes, which are not biodegradable. this is purely the tenants fault obviously. bill totalled $300+. she has no way of paying this as she stated. housing authority has her locked in for 2 years from begining of the rental contract. i dont necessarily wanna give her the boot, but this is a business. my real question is: she wants me to take it out of her deposit, then she claims she will replenish the deposit once tax time comes around, around feb- march 2013. is this legal for me to do?

Only PROTECTED classes can cause you issues.

There are a number of other gotchas, but for a simple house, its a simple calculation.If its like a lot of areas, it was once a 2/1/1 and the garage was converted into a third bedroom.Whether this will cause a future issue with the city, who knows.

I have a 2-flat that has been causing me headaches for a year and am trying to get rid of.Unit 1: passed Section 8 inspection today so should be occupied soon @ $1,100/month.Unit 2: Have an OO interested in buying the building.

If you buy with an LLC it causes the loan to be commercial which gives more flexibility but most commercial deals are much larger than one like ours.

If he is not in agreement, then go with the harder measures, but tying him up like that could cause major issues on both sides.

Our assets are around $50,000, but that also includes things like IRAs, TSPs, a brokerage account, and College Savings accounts, which can cause penalties, etc.

The only one who benefits in this situation is your agent cause the more you pay the bigger her comission.

I also do deals in TX and WVA cause they pay high interest and have deed sales.

I realize that dealing with family members can cause trouble.