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Take advantage of depreciation: Depreciation is a tax deduction that allows you to recover the cost of your investment property over its useful life. By taking advantage of this deduction, you can reduce your taxable ...
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We have a tenant who has skipped rent and caused damage. We are looking to work with a collections company to recover owed money from them. Unfortunately most collections companies only work with large corporations th...
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I want to add language to my lease that states tenant must pay legal & other costs when evicted. If anyone has such language or can point me in the right direction I would appreciate it.
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I have a property that I am owner financing. I’m the lender on the property and was wondering how much the foreclose fees would be around as just a worst case scenario if I would have take the property back or how m...
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Although it can often be an economically superior alternative to pay your delinquent tenants to move out, it can also be personally and morally challenging out of principle. What might have been $750 to an UD attorne...
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Jefferson County, Confused in Alabama... So we sent our tenant the 7-Day Notice to Quit. After the 7 days we sent Complaint/Statement of Claim to the court. We contacted the court to find out if the notice was served....
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I have had a property manager taking care of my properties for the last 6 years. I have 25 SFHs and one person handled everything. Unfortunatley as I grew and learned, I realized she wasn't doing a great job. Homes we...
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Hey guys,
I just got notice from my tenant today that he wants to break the lease for two properties that he's currently renting out. The lease does not expire till 9/30/2014 and 1/31/2015 respectively. I went throug...
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82.035 Remedy for unlawful detention by a transient occupant of residential property; recovery of transient occupant’s personal belongings.—(1) As used in this section, the term “transient occupant” means a person who...
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I have heard about a company whose website is www.sayrhino.com that offers an interesting product. It allows tenants who don't have enough cash for a security deposit to get an insurance policy for $10-$20 per mont...