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Is paying rent considered a liability?
If rent is payable then it is liability for business but if rent is already paid then it is not liability but it is expense.
Is paid monthly rent increase in assets?
It is if you are the owner of the property and receive the rent.
What is prepaid rent receive?
Prepaid rent received is money "your company" has "received" from a customer to pay rent for "x" amount of time, or prepaid.Prepaid Rent Received is actually an "income" or "revenue" if you are renting out a building, home, apartment, whatever.This is just the opposite of Prepaid Rent that is used in the expense. Instead of paying rent, you are receiving it.Say you own a house you are renting out and the tenant decides to pay 6 months rent in advance, you get the money, but it is recorded as a prepaid rent received, as you now still owe him the full six months rent, you are now obligated to the tenant for the next six months and therefor prepaid rent received (similar to unearned revenue) is a liability for you until the rent is used up.
When will you receive your pa rent rebate check?
In Pa, Checks will go out July 1.i havent receive my rebate check yet can you check into it for me,thank you
If a property owner owes back taxes on a house and the person who lives in the house doesnt pay rent can the landlord put you out?
Absolutely.....your obligation is to pay the rent...what he does or doesn't do....or when he does it, is absolutely of no concern to you. And your failure to pay rent does not change anything with his not paying the tax collector. That could be the reason he is having trouble! Paying rent is your obligation. Most landlords ding your credit (I would) after being five days late. I start eviction on day ten. If you are late twice, no chance of staying.
What does paying the last month's rent mean?
== == Usually paying the last month rent means you pay the regular rent plus a closing fee which means if there are any damages done to the place that was not there before you then you have to pay so much for that too. == == The usual practice is to pay the "first and last" month's rent when you move IN to the unit. This means that the owner is holding a amount that is equal to the last month's rent that you occupy the unit. This is so you can't skip owing rent.
What is the use of the memo line of a personal check?
tell what you paying for like rent etc. tell what you paying for like rent etc. tell what you paying for like rent etc.
What do you do when you have a lease and paying your rent but the landlord doesn't pay the mortgage?
Nothing. Just keep paying your rent. The landlord's relationship with his bank has nothing to do with you. And, if he does get foreclosed, federal law gives you lots of time before the bank can move you out.
Can a landlord enter premises and show rental if tenant is not paying rent and has refused permission?
If you are not paying rent - yes, absolutely the landlord can. If you aren't paying rent, your "refusal" has no legs to stand on.
How much should you rent your 5 acre of land to a farmer for?
If you are still paying on the land you should charge atleast the amount you are still paying.
When can i go into the house if someone is living thete but not paying rent?
When can i go into the house if someone is living there but not paying rent
Is rent a debit or credit?
If you are paying rent it is a debit. If you are a landlord receiving rent its a credit.
Are you eligible for HRA relief for paying rent to your father-in-law?
If your father in law shows the rent you are paying as an income in his tax returns, YES you are eligible If your father in law is not showing the rent you are paying as an income in his tax returns, NO you are NOT eligible
When should you pay rent again after paying for that month's rent?
a month later
Why are you being evicted if im paying rent?
To evict people from a given house in which they are paying rent, you have to give them a 3-month written notice.
Where can I rent a house for people with low incomes?
You could get housing benefit if you have a low income and receive other benefits and live in the UK. How much you get depends on how much money you pay for your rent.
Where can you get help paying rent and back rent?
start looking for a room mate and you pay half and they pay half it should work
