Renting | Forum profile

Quote: Originally Posted by Ultrarunner A lot of small to medium sized buildings in my area are titled in the name of a Trust... not much you can find out about a Trust since privacy is one of the reasons they are popular. About all the tax records will show is the Trust Name and a mailing address... often a P.O. Box. Great point. I guess more-or-less what I was trying to say is that it is a possibility and that it can't be discounted...

You can always rent your home and become a renter... The two are not really related... Your rental will be reported on your tax return and the depreciation and expenses may work out in your favor. I know a few people that rent out their primary home and live/rent somewhere else... often renting a condo in Hawaii or maybe Florida. Your Tax Advisor would be my best guess for the answer.

Quote: Originally Posted by beachouse Has the check you issued cleared the bank ? I would run to the bank and stop the check and then call the management company and tell them you changed your mind. Just my opinion , consult legal advice. If its still possible to cancel checks, I agree. If not, By law they're required to return all monies minus the holding deposit. First months rent and security deposit must be refunded, no lease has...

Did you fill out an application when you gave them the deposit, or before that? Usually you fill out an application and they do a credit check, and then you give them your deposit. Then you sign the lease. Most applications I've completed state that if I back out of the lease, I forfeit my deposit. If you signed a similar application, you could be out the deposit. What exactly are the terms that you find problematic? Oftentimes lease...

sounds like you screwed up with a verbal amendment to the lease. Pay up and learn.

Quote: Originally Posted by jackmccullough Landlord-tenant law is highly variable from state to state. In general, though, principles of contract law dictate that even if you did breach some obligation by moving out before the end of your rental agreement the landlord would have an obligation to mitigate his damages by making reasonable efforts to rerent the place, and your obligation to the landlord would be limited to the period the place...

Quote: Originally Posted by Californiaconcerned We recently put down a security deposit and first month's rent on a house in Los Angeles. We have not signed the lease or moved in yet. After a walkthrough at the house, we took the lease home to examine before signing. Several statements and promises made by the agent are completely contradicted and overall the terms of the lease are very harsh. Upon further investigation we found a...

Quote: Originally Posted by wigirl920 From a tenant perspective.... I have rented single family homes which sometimes did and sometimes did not include utilities. Just remember that with more people in the house, utility usage will probably increase. If I were a tenant in a situation such as what you described, I wouldn't care to know about your job situation. As long as you took care of things on your end and I had a good place to live,...

My water problems have now been resolved. I had to call the manager Saturday morning about the bathtub, and he called me back Saturday night. He snaked out the bathtub line and very dirty water started draining. There was nothing in there at all, but he tried to tell me that there was a small cap stuck in there, and when he didn't like the answer he got about that, he tried to tell me that it was hair, and to put a paper towel over the...

Quote: Originally Posted by tworent True but when I come back with the answer the decision is over if the tenant does not like your answer they will always try to change your mind but not with me it’s over. Hey I don't give a crap if you prefer to lie to your tenants. It's just not something I'd do, as I think it's a bad idea that can come back to bite you in the ass. Especially when you get taken to court about...