I’ve seen ads in papers that say “rent to own” to purchase a house. How does that work?
I live in Illinois if that helps anyone.

I own a house in CA and am considering relocating to another state for a job. If I keep the CA house and rent it out, then pay rent for a place in the other state, will I be taxed on rental income? In effect my paying rent is an expense against the income from the rent I receive, no? Assume the rent I pay is equal to the rent I receive, and assume this is also equal to my mortgage + property taxes. Thanks.

I rent an apartment above a commercial spot that has been forclosed on and is being sold in a sherrif’s auction. i was told that legally i still am required to pay the current landlords (the ones who are getting forclosed on) the rent for six months from the date of sale, but that doesn’t make sense to me.. HELP!! What are my rights?

We live in Ohio, and are searching for a house for rent, not an apartment. What is the best way to go about searching homes for rent? We can find plenty of apartments for rent, and houses for sale, but we are having a hard time finding houses for rent.

My rent is due every month on the 1st. Considering February is only 28 days and every other month is either 30 or 31 days, is the rent slightly lower?

This fall I’ll more than likely get a starting teaching position in the range of $30-35,000. I want some opinions on what kind of apartment rent range I should be looking for? I just graduated college and would like a nice place to myself to start out. What would be a comfortable price range based on your experience? Thanks!

I just moved into a two bedroom apartment which I furnished. My friend moved in and she took the smaller bedroom and agreed to pay half the rent. She got a roommate and now we need to figure out how to divide the rent. The total rent is $1230 a month plus around $100 for utilities. I thought they should each pay $400 a month and I’d pay $430 plus all of their utilities. Is this fair?

I just want to know what factors increase rent. I know that rent does increase yearly, but what else factors in the increase of rent?

Hypothetically… if 6 people live in a 2bd/2ba apartment, does the rent increase significantly?
That was hypothetically speaking… the leaseholder of where I live wants to add more people to the apartment so I was just wondering if that would increase rent.

Thanks for the heads up too. Now I can bring up that it is illegal for that many people.

I own a large historic home that I rent out as office space to regular, long-term tenants in the second floor rooms, and I also rent the large first floor rooms as meeting/banquet space to groups for special events. I want to raise the rents I’m charging my office tenants, but I’m afraid that I may loose one or more of them if I do. Can anyone offer suggestions on how to negotiate fair rent increases for commercial tenants? The house is located in a small city in West Virginia.

I am a home owner who is looking to rent my house out to a baby safe home. I would like information on how much i should ask for rent [preferably the average cost of rent] and how much my income would be.

I am a first time renter and I’m trying to figure out what I can afford to pay for an apartment. I was just wondering what the suggested rent to pay ratio is. For instance, if I would like to rent a $675 a month apartment how much should I be bringing in each month. I’m not a heavy spender and there will be some transportation costs about $30 a week. I’m just looking for a ball park here, like 3 times that or 2 times that or what. Thanks in advance.

Son recently started receiving disability, and part of the “contract” is for him to pay rent to me. Nothing has changed except that he gets money from SSA, and then he pays rent. He doesn’t work, and I assume he will not be filing taxes himself. I am assuming he will no longer be my dependent. I just want to know what to anticipate with this new monthly money coming in and how it impacts my taxes.

i am planning to rent a flat with 3 bedrooms from an agency or another entity using my name, is it legal to let others rent it again from me?
i will let 2 bachelors rent the 2 remaining rooms.
its like i will pay the whole flat, they will only pay the room…
is there a term for it? is it legal?

I work Mon Tue Thur Fri, I spend All day Sat and Sun in the apartment I share with my wife plus Friday, and Tuesday Nights. The only reason I rent the second apartment is becuse it is where my job is: 75 miles from the apartment I share with my wife, the only purpose for having the second apartment is for me to be near my job. So can I declare the rent on thesecond apartment a “work Expense” on my taxes?

I have been paying rent to in-laws for a house for the last 7 years and now want to rent an apartment. With fair credit and a stable job, what are my realistic chances of being able to rent?? I have been at my job for 6 years.

I am a college student and have been paying rent for the last four years. The tax return for this year has me getting less rent back than last year even though I paid more rent this year. How is this possible? I have all the Certificates of Rent paid and I see that they are all multiplied by 19% to come up with a number. Should I not get that much rent back? Seems a bit strange. Can someone help me out?

(more…)