I just heard about a property management company having their tenants fill out a W-9 Form when they lease them up. This is for the purpose of reporting to the IRS any security deposit refunds of more than $600.I'll c...
Right now my tenant has told me she is staying an extra month after I offered the extra time and she refused. She has told me that she isn’t paying another months rent because I have the security deposit. She has call...
Hey BP,
I have a tenant that I “inherited” from the purchase of a duplex. One of the tenants has been nonresponsive and hard to get a hold of. They also haven’t signed a new lease or paid rent since I took over the p...
I have a rental in North Carolina that I am selling to my current tenant. I am curious if anyone has ever done this without using a real-estate agent. It seems easy enough, but definitely would love to hear from som...
Hi all, my tax question isn't as complex as many I've been reading here. Just looking for some advice.
I'm about to close escrow on my first home (primary residence) soon! I plan on renting out one of the rooms to a ...
Hello, newbie landlord question here: Is it common to require first month's rent, last month's rent, and a security deposit for new tenants? I'm aware that Florida doesn't have hard limits on what is required up front...
Does everyone require prospective tenants have 3x the rent in monthly income / rent is no more than 30% of their monthly income? What is minimum credit score you look for in a B- neighborhood? For people with lower th...
Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...
So I want to be sure I am not in violation of the Fair Housing Law so wanted to pose a question:I am in the middle of conducting my pre-screening application for potential tenants, I denied someone who did not meet th...
I am closing on my second rental prop next month and want to use an LLC for asset protection. In order to receive rents and deposits I'll need a business checking account.
From what I've learned each property should...