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Real Estate
Reply to "Can I use tenant's Security Deposit?"
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[quote=Anonymous]Generally it is considered normal to replace rental carpets every 3-4 years as well as paint. It sounds like you haven't replaced the carpet in 9+ years (yikes) -- so you cannot charge your tenants for that. You can charge for holes, water damage (if they didn't report the problem right away that caused it), countertop issues, etc. If they don't clean the place properly you can hold back the deposit for that. Make sure you picture the before and after. So when they move out photograph everything and then make sure you use a third party and keep good receipts. It helps if you have a couple of quotes as well. If they take you to arbitration they can argue that you went high end on repairs or didn't actually do the repairs just took the money.[/quote]
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