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Social Security benefits can never be garnished. Unless the judgment is for child or spousal support, unemployment insurance, workers' compensation awards, relocation benefits or disability or health insurance benefits cannot be garnished. Garnishing payments made from a retirement plan is also very difficult.

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Can a furniture rental company repossess furniture?

Yes, a furniture rental company can repossess furniture if the renter fails to meet the terms of the rental agreement, such as not making timely payments. The company typically has the right to reclaim the furniture legally, often after providing notice. Repossession procedures may vary by location and should comply with local laws and regulations. It's important for renters to understand their obligations to avoid potential repossession.


How can you effectively rent your home to your business?

To effectively rent your home to your business, you should establish a formal rental agreement outlining terms such as rent amount, duration, and responsibilities. Keep detailed records of rental payments and maintain a clear separation between personal and business use of the property to avoid tax and legal issues.


What are the benefits of investing in rental property?

Investing in rental property can provide a steady source of income through rental payments, potential tax advantages, property appreciation over time, and the opportunity to build equity through mortgage payments.


How can you effectively rent your house to your business?

To effectively rent your house to your business, you should establish a formal rental agreement outlining terms such as rent amount, duration, and responsibilities. Keep detailed records of rental payments and expenses to ensure proper tax reporting. Additionally, consult with a legal or financial advisor to ensure compliance with regulations and maximize benefits for both your business and personal finances.


How can I deduct rent as a business expense on my taxes?

To deduct rent as a business expense on your taxes, you need to ensure that the rent is for a property used for business purposes. Keep records of your rental payments and include the amount on your tax return as a business expense. Be sure to consult with a tax professional for specific guidance on deducting rent for your business.

Related Questions

Which companies hire out furniture?

Companies such as CORT Furniture Rental or Ashley's Furniture are companies that will rent or hire out furniture to you at reasonable rates and prices for your home or business.


Can a furniture rental company repossess furniture?

Yes, a furniture rental company can repossess furniture if the renter fails to meet the terms of the rental agreement, such as not making timely payments. The company typically has the right to reclaim the furniture legally, often after providing notice. Repossession procedures may vary by location and should comply with local laws and regulations. It's important for renters to understand their obligations to avoid potential repossession.


Can you add furniture rental to your chapter 7 in MD?

you have the choice to keep (reaffirm) a rental contract or to cancel it. The lender might be willing to negotiate with you to reduce the rent. Any past due rent payments will de discharged.


I rented furniture from a furniture rental store. do they have the right to sue for non payment?

If you are not paying, according to the lease/rental agreement, of course they do.


What is a typical deposit on furniture rental?

The typical deposit on furniture rental is a small amount, depending on what type of furntiure you are renting. The more expensive the piece of furniture, the more expensive the deposit will be.


Can you go to jail if you stop paying and don't return rent to own furniture?

If you rent furniture, and stop paying and fail to return the furniture, you could be charged with a crime. It depends whether or not theft charges are filed and whether or not the DA decides to pursue it.


Can you sue for negligence against a furniture rental store that repossessed your furniture and the old tenants moved away and you have received your items back but they are damaged?

Take the people/business that damaged your times to small claims court.


Would I save money if I bought my restaurant furniture from a wholesaler?

Explore new, used and rental bar furniture If you are looking for bar furniture for ... Would used bar furniture be a better option for my business? ... Y2KFurniture is a furniture wholesaler that sells a wide variety of lounge ... but if your needs are general, buying used furniture can save you a lot of money


How can you effectively rent your home to your business?

To effectively rent your home to your business, you should establish a formal rental agreement outlining terms such as rent amount, duration, and responsibilities. Keep detailed records of rental payments and maintain a clear separation between personal and business use of the property to avoid tax and legal issues.


Renting Office Furniture: Affordable Business Solutions?

Furnishing an office with furniture may consume a significant portion of a business' budget. The two options are either to purchase or rent furniture. The advantage of buying office furniture is that financing is available and only a small amount of money needs to be paid up front. However, the long term costs for financing purchased office furniture may be expensive. Renting office furniture may be a more affordable option than buying with financing. Typically, a security deposit must be paid up front, and then a rental contract for a specific term such as a year has to be signed. The rental rates are charged on a monthly basis. At the end of the lease, a business can always renew the term and continue to rent the furniture.


Where is Brook furniture located?

Brook Furniture Rental is located in Elk Grove Village, Illinois, and Brook Furniture Rental Inc. is located Lake Forest, Illinois. The locations are about 5 miles from each other.


Purchase Commercial Patio Furniture?

form_title=Purchase Commercial Patio Furniture form_header=Find a source for reasonably priced commercial patio furniture. How much commercial patio furniture do you need?=_ Does the patio furniture need to be water proof?= () Yes () No What patio furniture are you looking for?=_ Will this be a rental or purchase?= () Rental () Purchase