Since the termination fee is equal to the deposit, he's guaranteed to get nothing back.

I charge an amount equal to their security deposit to break the lease, plus rent until its re-rented.

They are pretty much equal in my eyes these days!

I do screen tenants everyday by the way they look and that applies equally to people of every race, gender, religion, etc.

Assuming he took the full 30 years to pay it off, the IRR is still 7.61%.The current rents of $1450 is equal to $272 in 1971 dollars.

However that is uncapped the year of a sale – so the year of a sale the TV will always become equal to the SEV….in this case your TV will jump from $35K to $60K (technically not really $60K as assessed values in most counties in the country – wayne included have come down – so your 60K may be 52K or something – so your new TV will be say $52K meaning your new taxes will be approx. $4,000 plus the 300 or 400 for garbage and your tax bill will be around $4,300……WAY different from the $2,000 you thought it would be.

The game is to make your pre-depreciation income equal to your depreciation allowance.

I also require the buyer deposit earnest monies equal to six months of carrying costs in case he or she backs out.

Here is part of the Declaration of Independence, which, by the way, is NOT law.We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.

Of course all markets are not equal so y9ou must identify your market conditions and THEN make an informed decision.