The number one source of resident/landlord disputes is the disposition of the resident’s security deposit. Many of these potential problems can be resolved with proper procedures even before the resident takes possession of the rental by using
Probably two of the most asked questions when returning security deposits is: “Can I charge my tenants for carpet cleaning and painting?” and “Must I pay interest on my security deposit?” This article will address
A couple months ago, I wrote an article about the new smoke detector law which generated a bit of confusion among landlords due to the fact that the original law (SB 1394) was amended by SB 745 shortly before my article was published. This article
Americais becoming a giantDetroit… our government’s current fiscal policy is destroying our nation. Everyone in the financial media was focused on who will replace
DetailsShowing Up Everybody wants something but it doesn’t always happen, and that was how I spent the last two years of high school. I wanted to go to Europe with my (chaperoned) youth group the summer before my senior year. I baby-sat and tutored and saved every dime I could, but my trip to Europe…
DetailsQuestion 1: We have notified the tenants in our duplex that we will not be renewing their one year lease. The end of their lease is February 28. The tenant called yesterday and said she had been very busy with work and had not had the time to do
Question One: Recently, I had a tenant vacate a unit and he left several items. I presumed that these items were abandoned so I put them in storage and after two weeks, I disposed of them. I have now received a letter from this tenant demanding his belongings or he will sue me for their…
DetailsHello everybody. A huge amount of knowledge that each of us possess was acquired in reliance on hearsay. For example, when we learned from our history books that Columbus discovered Americain 1492, or when our science teacher taught us that there are seven principal colors in
If one looks at the current paper money system and its negative social and social-political effects, the question must arise: where are the protests by the supporters and protectors of social justice? Why don’t we
By Al Aiello, CPA, MS Taxation “My lawyer told me umbrella insurance is enough to protect me, so I don’t need an LLC.” ~ An ill-advised Real Estate Investor With lawyers like the above, who needs
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