My tenant died and has three months of prepaid rent. His family is adversarial and I am wondering if I have to return the prepaid rent upon termination of the lease? The property and lease are in Virginia.
I am about to sign a lease with a tenant who is paying the whole year upfront. It is mid November and I am concerned about having 10.5 months of rental income for 2016 being on my 2015 tax return. This will raise my t...
Hi All,I know that when you receive a prepaid rent, you treat that as an income on the year that you receive it. However, what if you use the property manager, and they are the ones that receive the prepaid rent and ...
Question for the experts: is there any reason to not accept prepaid utilities and monthly pet fee?
I’ve got a tenant who would like to pre-pay rent for the winter months. I am happy to accept this, because I know his income fluctuates in the winter. My questions are: 1) This is a month to month lease, does acceptin...
I'll skip to the "tl;dr"....
We prepaid PMI on our primary residence.
We are considering refinancing.
I've looked up HPA regulations and while it stipulates that unearned premium on prepaid PMI is refundable, I c...
I have been living in a property for 3 years. When I had a baby last year my dad paid my rent for me through January lease ends in March of 2017. House was sold at trustee sale. New owner says lease isn't valid which ...
Has anyone used any type of prepaid internet? I see that Walmart sells a card similar to a pay as you go cell phone. There are competitors as well.
I have a vacation home and would like to avoid a monthly bil...
Hi folks,I was wondering if there is a standard approach to determining the prepaid property tax at closing. In the past I have paid taxes based on the Tax assessor's evaluation of the property. However, I recently ...
What an odd phone call to receive. My tenant (I manage the property) had prepaid 6 months of rent. His lease started on January 1, 2017.I just received a phone call from his brother saying the found him in the home ...