Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...
For how I understand the statute in FL deposit monies must be kept in a separate account for each received and landlords are not to commingle these funds with any of their other funds (sect83.49). I simply read this a...
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?
I've had a tenant in place since 12/2019, now PM is asking if another tenant can move in (a friend of current tenant, they say).
What should I require legally from this person, apart from his personal details? Separa...
Had a young couple with a child split up. Girl moved out first ( he was stealing a part of the rent money - nice guy - haha ) and then he moved out a month later. We were happy this happened as we were not going to re...
In my state there's no limit to how high of a sec. deposit you collect, so is there a point to going to the trouble of a separate pet deposit with a pet agreement? Also, what is the rationale behind asking for non-ref...
I’ve recently purchased a couple of 4BR SFH in a college town and am trying to decide how to structure the leases upon renewal. The current leases (which I inherited from the prior owner), are separate agreements with...
I just closed on my first deal in mid July on a fourplex and the building is full and has been for the most part since I discovered it. Although during the process of closing one of the tenants (month to month) acquir...
A applicant for one of our rental properties submitted her application and included under gross monthly income the mileage she receives from driving at her work. I'm unsure if I can include that in her monthly income ...
Specifically, my question is if a person is the winning bidder and then does not complete the purchase process, is the hold lifted from the deposit or does auction dot com keep it? I Can't find the info on their web...