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If you want your tenants happy, you should increase the rent little by little. If you have "problem tenants" that wont pay the rent or something. Maybe theyre vandalizing or making noise. In this situation, you don't raise the rent to get them out. You get proof(maybe with a camera in the lobby) and evict them!!!

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Q: What is a justifiable rent increase?
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Rent expense has a debit balance as a normal balance so increase in rent will be shown by debit to rent expense.


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