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What is the appropriate amount to charge for an additional tenant in a rental property?
The appropriate amount to charge for an additional tenant in a rental property is typically determined by the landlord and should be outlined in the lease agreement. This amount can vary depending on factors such as the local rental market, the size of the property, and any additional costs incurred by the landlord due to the extra tenant. It is important for both parties to agree on this amount before the tenant moves in.
What is the appropriate amount to charge my roommate for rent?
The appropriate amount to charge your roommate for rent depends on factors like the size of the room, shared expenses, and local rental rates. It's fair to split rent evenly or based on room size and amenities. Discuss and agree on a reasonable amount that works for both of you.
Can a landlord charge for resurfacing a tub in a rental property?
Yes, a landlord can charge for resurfacing a tub in a rental property, as long as it is outlined in the lease agreement and the damage is beyond normal wear and tear.
Is it legal for a landlord to charge more per person for rent in a rental property?
Yes, it is legal for a landlord to charge more per person for rent in a rental property as long as the practice does not violate any fair housing laws or rental agreements.
What is the required amount for the first, last, and security deposit for this rental property?
The required amount for this rental property includes the first month's rent, the last month's rent, and a security deposit.
What is the appropriate amount to charge for an additional tenant in a rental property?
The appropriate amount to charge for an additional tenant in a rental property is typically determined by the landlord and should be outlined in the lease agreement. This amount can vary depending on factors such as the local rental market, the size of the property, and any additional costs incurred by the landlord due to the extra tenant. It is important for both parties to agree on this amount before the tenant moves in.
What is the appropriate amount to charge my roommate for rent?
The appropriate amount to charge your roommate for rent depends on factors like the size of the room, shared expenses, and local rental rates. It's fair to split rent evenly or based on room size and amenities. Discuss and agree on a reasonable amount that works for both of you.
Can a landlord charge for resurfacing a tub in a rental property?
Yes, a landlord can charge for resurfacing a tub in a rental property, as long as it is outlined in the lease agreement and the damage is beyond normal wear and tear.
Is it legal for a landlord to charge more per person for rent in a rental property?
Yes, it is legal for a landlord to charge more per person for rent in a rental property as long as the practice does not violate any fair housing laws or rental agreements.
What is the required amount for the first, last, and security deposit for this rental property?
The required amount for this rental property includes the first month's rent, the last month's rent, and a security deposit.
Does every rental property involve a rental property tax?
In the U.S., property taxes are generally paid by property owners. Renters generally pay a fixed monthly amount to the landlord/proprietor with no tax added.
Does a COO have to be present on rental property?
No, a COO (Certificate of Occupancy) is not required for a rental property in all locations. However, some cities or municipalities may have specific requirements regarding COOs for rental properties. It is important to check with the local government or housing authority to determine if a COO is needed for a rental property.
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 average cost to buy a rental property and what is the average mortgage payment associated with owning a rental property?
The average cost to buy a rental property can vary widely depending on location, size, and condition, but it typically ranges from 100,000 to 500,000. The average mortgage payment associated with owning a rental property is around 1,000 to 2,000 per month, depending on the loan amount and interest rate.
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.
Legal limits of the amount a landlord could charge for the rental of certain housing units?
rent control
Are you considering selling your rental property?
Yes, are you thinking about selling your rental property?
