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It’s time to lease smarter and make tax free profit without changing nothing other than not using security deposits.
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I have done a search in here and in Google to learn the Michigan rules on placing my tenant’s security deposit in a bank without results. I am a sole proprietor at this point. Can I just put it in my personal mone...
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Hello All,
I'm a newb here so please take it easy on me. I'll give you a little background and get to my point.
First of all, I live in WV, probably the most conservative bank lending state in the country, a good r...
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So a friend of mine has a rental property. There's only about one month left on the tenant's lease. He and the property management company have received calls from potential landlords for the tenant already giving the...
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Do you necessarily need a promissory note if you file a mortgage? Say for example, I lend someone $5,000 on a free & clear house (listed for sale with a Realtor) and file a mortgage for $10,000 once the house sel...
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The PA law reads, ""Escrow Funds Limited:(a) No landlord may require a sum in excess of two months' rent to be deposited in escrow for the payment of damages to the leasehold premises and/or default in rent thereof du...
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Hi, I have a question like in lease it's mentioned that if tenant sue landlord and judge dismiss the case in that case tenant has to pay for landlord's attorney fee.then later tenant sues the landlord over security de...
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Am I reading this correctly?ORC 5321.16 - Any security deposit greater than $50 or one month's rent(basically all security deposits) whichever is greater shall bear interest on the excess at 5% per annum and paid annu...
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Another question that needs help from my peeps! Whether or not you have had a property vandalized/robbed it must be a concern for most when rehabbing or vacant, right? Regardless of the crime rate in the area this con...
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Do I need to have a separate bank account for my tenants Security Deposits in the state of Indiana? If not, is there any benefit to me forming one?