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Yes
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# ¿ Feb 3, 2014 14:00 |
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# ¿ May 4, 2024 04:51 |
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I went to an open house as a potential renter once. Nothing weird about it, actually made me want to apply sooner to try to get in before other people who were there at the same time.
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# ¿ Mar 26, 2015 18:55 |
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Is the tenant typically responsible for the landscaping? I've never heard of this; it seems like a recipe for a dead lawn. I see that it was in your lease but has anyone ever had a tenant ever keep the lawn and garden looking nice? Other than that, everything seems reasonable to me, the layman.
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# ¿ Aug 7, 2015 01:05 |
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We are currently renting a house which has a detached in-law suite (we call it the cottage). When we started renting the house our landlord said that we were welcome to rent the cottage out to someone else if we wanted (most of her previous tenants had done so). My question is about taxes. I believe that we would have to claim the rent we collect as income and then we could deduct the rent we pay for the cottage using some reasonable justification: square footage of the cottage a percentage of the total house + cottage sq footage for example. We'd also then deduct a portion of the utilities and cable, etc. I'm fine with doing this but I'm curious what would happen if the sub-tenant were to pay their rent directly to the landlord instead of to us. We'd then subtract their rent from our monthly payment so that the landlord ended up with the same monthly rent we currently pay. It'd be a lot easier tax-wise on our end but would it be legal? Our landlord already wants to have the sub-lease be through her that way if we were to move out, she would have a legal relationship with the sub-tenant. Apparently in the past, previous tenants had sub-leased the cottage without her knowledge then moved out resulting in a weird arrangement with the sub-tenant. We love our landlord and have a great relationship with her, want to keep it that way. I'm hoping to minimize the hassle on her end but at the same time make sure she's appropriately involved. If I can do that while keeping my taxes as simple as possible, that'd be grand too. Does anyone have any experience with sub-leasing?
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# ¿ Jun 18, 2016 16:40 |
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Rurutia posted:I expect that the liabilities are different and the landlord doesn't want to deal with renting out the properties separately and having to find tenants for both themselves. I guess it sort of feels like a roommate situation where one person pays the full rent every month and the roommates cut checks to that person rather than everyone paying their portion to the landlord directly. Technically, would that person who pays the full amount have to claim their roommates rent as income? Or is it not like that because those people are on the primary lease, whereas here they would not be. Maybe I'm making it all more complicated than it needs to be.
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# ¿ Jun 19, 2016 17:39 |
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BEHOLD: MY CAPE posted:Taxes are really the least of your concerns when it comes to assuming responsibility for a subletter.
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# ¿ Jun 20, 2016 23:36 |
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Well if she owns half of the house, she could theoretically rent out her half to a random while she's gone right? It'd be a hassle for her so maybe his offer of paying market rate for rent might be generous, but paying some amount in rent doesn't seem too unreasonable to me.
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# ¿ Jul 13, 2016 14:26 |
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Hashtag Banterzone posted:I don't think owning half the house automatically entitles you to being able to rent it out. What if it was a 1 bedroom? Would that mean that the OP has to share a bed or get bunk beds?
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# ¿ Jul 13, 2016 15:03 |
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poo poo I just found out my landlord died of a heart attack. She must have been a good landlord because I'm legitimately sad about this. I'm guessing this will not be good for my hope of subletting the guesthouse in the next few weeks.
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# ¿ Jul 15, 2016 00:58 |
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Does anyone have a recommendation for background checks on potential tenants?
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# ¿ Aug 22, 2018 15:50 |
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We're just renting a single in-law suite, worth it for us to spend a little extra (money and time) for the peace of mind. Most people in our area charge at least a $40 application fee.
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# ¿ Aug 22, 2018 17:51 |
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Anyone used mysmartmove.com, cozy.co, tenantbackgroundsearch.com for background screening?
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# ¿ Aug 23, 2018 14:52 |
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Well we have our first tenant, they seem great! fave this post We're subletting the in-law suite out back and it's now covering >50% of our rent. The Bay area housing market is so hosed.
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# ¿ Aug 31, 2018 15:00 |
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Back when that was posted, there was a parallel discussion going in the doomsday economics thread in which he was on the other side if I recall correctly.
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# ¿ Nov 14, 2018 03:21 |
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# ¿ May 4, 2024 04:51 |
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I rent a house and sublet the in-law suite because we don't need the space. Do they make kits for those who want to self-guillotine?
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# ¿ Mar 29, 2019 20:10 |