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What else can I help you with?
Can a landlord file a police report for damage to rental property?
Yes they can!
Can you explain the landlord not liable for injury clause in the rental agreement?
The "landlord not liable for injury" clause in a rental agreement states that the landlord is not responsible for any injuries or accidents that occur on the rental property. This means that if a tenant or visitor is injured on the property, the landlord cannot be held legally responsible for their injuries. It is important for tenants to understand this clause and take necessary precautions to ensure their own safety while on the rental property.
Who is responsible for cleaning a rental after the renter moves out?
Generally the renter is to clean the property before leaving. Otherwise the cleaning and rental deposits would be used to pay for cleaning.
What are the risks of turning your home into a rental property?
There are multiple risks of turning your home into a rental property. First, finding a responsible, reliable tenant who will take care of the property. Second, finding someone who will pay the rent in a timely basis. Third, you will have income tax consequences.
What repairs is the tenant responsible for in the rental property?
Tenants are typically responsible for minor repairs and maintenance in a rental property, such as changing light bulbs, replacing air filters, and keeping the property clean. Major repairs, such as plumbing or electrical issues, are usually the landlord's responsibility. It is important for tenants to review their lease agreement to understand specific repair responsibilities.
How do you calculate the yield on a rental property?
To calculate the yield on a rental property, you divide the annual rental income by the property's value and multiply by 100 to get a percentage. This percentage represents the return on investment from the rental property.
What is the Depreciation of a replacement air conditioning unit on rental property?
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
Are you considering selling your rental property?
Yes, are you thinking about selling your rental property?
Can I sell my rental property to my LLC?
Yes, you can sell your rental property to your LLC.
Can you help me find a rental property?
Yes, I can assist you in finding a rental property.
What would I say my profession was if I owned apartment complexes?
landlordowner of rental propertylandlordowner of rental propertylandlordowner of rental propertylandlordowner of rental property
Who is responsible for damage from car wreck in rental car?
If you purchased the rental company's insurance option then the rental company's insurance is responsible. If you did not purchase the insurance option, then YOUR insurance is responsible.
