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Could an on-demand month-to-month rental agreement ever replace the standard long-term contract?On demand? Both tenants and landlords may have reasons for mtm rentals…but in the long run- it’s not in a landlords best interest. I don’t see it becoming more popular than the typical one year lease.
If a tenant never signed a rental agreement and has refused to pay rent for two months in a home with other renters. How does the homeowner go about getting them out of their home?In the US, a person living in your unit will often be a tenant. You can have different relationships with your tenants. A house catty-corner across from where I live rents spaces in a two-apartment house, and has an individual relationship with each tenant. Here in Indiana, a judge would have no problem with evicting JUST that tenant. Failure to pay rent when due is an almost insurmountable bsignNow of a tenant’s obligations in Indiana and much of the US, and in Indiana you would usually be able to get a tenant out in say three to five weeks. I would go into court right away.It’s also possible to have a collective agreement with a whole group of people. There, one person is responsible for ALL of the rent, OR all tenants have to pay it by chipping in: either/or. If this is a “joint tenancy” of that sort, then the one tenant’s failure to pay is the failure of all of them to pay, and your remedy is to evict all of the tenants. [Of course, you can probably - at least in Indiana, and possibly much of the rest of the US - simply fail to go through with the eviction for the two or three tenants you DO like, and only boot out the one who’s the trouble-maker. It’s not discrimination - treating ne’er-do’wells badly and nice people nicely is not invidious discrimination under American law.]Sadly, in the second scenario above - but not the first - the judge might determine that you’ve been taking partial payments. If you’ve done it long enough, you have reformulated the contract, and you might be stuck for that period of time. To be safe, what you should do is just send a Notice of Change in Terms of Tenancy to all tenants [possibly by registered letter, though an email without a bounce-back might do just fine in many places] indicating that, in the future, no partial payments will be accepted. If the ne’er-do-well then continues not to chip in, refuse the rent from all parties; move to evict everyone; tell the good tenants that the action against them is only a formality; get the ne’er-do-well out by sheriff’s action; and let the good tenants stay under a new agreement.As a side note, when I was a landlord, I never rented person-to-person. I made groups of roommates - in the rare cases I accepted tenancies from them - sign a joint agreement.
Rental Agreements: Are one-month notices to landlords always necessary?From an Indian Perspective:You need to give a notice to your landlord as per the terms of your agreement as mutually agreed upon at the start of term. Please make sure you have sufficient provision for termination in the agreement, so that neither party faces hardship.Sometimes landlords accept a lower notice period if they find a tenant to replace you, so if you can find someone who will move in to the place, you can avoid giving a notice. Either ways you need to make sure that:Make sure all the relevant clauses(along with remedies) are in the agreement prior to signing it.Talk to your landlord if you have a genuine reason for moving out without being able to serve them a notice. You’ll be surprised at how accommodating people can be.If you want a easy to customize rental agreement at affordable prices and delivered home for your convenience, visit us at Lawbuddy andSave time and money by reducing lawyer fees.Be safe and secure for our documents are drafted by experts.
Do month-to-month rental agreements exist in Los Angeles?They may at a premium. Landlords do not like to keep re-renting the same places. It is a waste of time for the landlord and rough on the rental. There are apartments that will rent at a premium for a short term lease that reverts to a month to month. The minimum is usually three months.
How one month notice period is calculated according to rental agreement before vacating a flat?Notice period will be same as your rent cycle as mentioned in the agreement. Ideally it means about the period before you are planning to vacate the premises. E. G. If you are planning to leave by mid-feb, you can tell the landlord in jan first week or dec last week if your rental month is as per the English calendar. This helps you because in case you are planning to leave in the middle of rental month, you can negotiate payment and settlement of rent towards excess stay
I need to pay an $800 annual LLC tax for my LLC that formed a month ago, so I am looking to apply for an extension. It's a solely owned LLC, so I need to fill out a Form 7004. How do I fill this form out?ExpressExtension is an IRS-authorized e-file provider for all types of business entities, including C-Corps (Form 1120), S-Corps (Form 1120S), Multi-Member LLC, Partnerships (Form 1065). Trusts, and Estates.File Tax Extension Form 7004 InstructionsStep 1- Begin by creating your free account with ExpressExtensionStep 2- Enter the basic business details including: Business name, EIN, Address, and Primary Contact.Step 3- Select the business entity type and choose the form you would like to file an extension for.Step 4- Select the tax year and select the option if your organization is a Holding CompanyStep 5- Enter and make a payment on the total estimated tax owed to the IRSStep 6- Carefully review your form for errorsStep 7- Pay and transmit your form to the IRSClick here to e-file before the deadline
How many single family rental homes should you own to make $4000 per month?You need to calculate the rental capitalization rate which has to be at lease 10% on the return on investment. The average rent is $950 on a single family house, minus $500 a month for taxes, insurance and a 6% mortgage on the average. Will leave you will $450 on each rental. To make $4000 a month, You would need 12 to 13 units because on the average 2 or 3 houses will be always empty = 12 houses you have to buy to make $4000 a month.Quora: Any website link I may or may not provide are "FREE" from spam, affiliate programs or other making on-line programs.
How do I make money online?Making 50000 Rupees per month is very much possible. But I think you should put some effort on daily basis. I work once a week, sometimes not even that. I worked really really hard to get here! I had a plan in place and worked the plan. So plan before you do, and do what you plan. That's as simple as that. Video Making: (This is going to be the trend! You should start a Youtube channel right away!)I've been making some descent money with very little effort these days. Here is a screenshot of my earning from a youtube channel I had. Hosted Adsense for Content = Ad revenue for videos hosted.Total Earning for the month of Dec 2015 is pointed too.Youtube channel ideas can vary from person to person. For me, it is inspiration. I wanted to inspire people around and so I created a channel to do the same.If you are a good cook, you should create a channel showing yourself cooking a great if not something good. Let me tell you, its going to be tough initially but you should try really hard. You should not give up and you should always take risk when it mattered.I can't give you a full length tutorial on how to create youtube channel and create videos, you can do a simple google search for that. You will get answers. To start making money from videos, you should check this link.How to Monetize your YouTube Videos in 9 Easy Steps Once you are done with creating a good channel. Make sure to learn something about Youtube SEO. Basically what YouTube SEO does is, it will bring your video right at the top of search results when someone searches for a particular keyword in youtube. In my case, search for "Steve jobs inspiring speech" and you will see my video on top of google. (Next to google ads at the top 2 positions.) Following link can help you.YouTube SEO: The Ultimate Guide Hope I helped. Get started now and let me know if you have questions.Peace.