no, the tenant should not get their damage deposit back, I would say it is probably not worth attempting to take them to court to get the cost reimbursed. I also really would recommend doing some upgrades, put in a range hood that is vented outside, replace the fan in the bathroom and make sure that it is vented outside, if you do replace the hot water tank, replace it with a tankless variety. from what I understand, 50% of capital improvements can be written off immediately, you do not need to depreciate the entire amount. This makes it much more cost-effective to do these upgrades now. Water damage and moisture is such an insidious damage to mitigate, as long as it is vacant, do everything you can to protect yourself and your investment for the future. 0:05
Thx for sharing real stuff. Some people are just liar and bad tenants. No deposit back lol.
Thanks for sharing!
no, the tenant should not get their damage deposit back, I would say it is probably not worth attempting to take them to court to get the cost reimbursed. I also really would recommend doing some upgrades, put in a range hood that is vented outside, replace the fan in the bathroom and make sure that it is vented outside, if you do replace the hot water tank, replace it with a tankless variety.
from what I understand, 50% of capital improvements can be written off immediately, you do not need to depreciate the entire amount. This makes it much more cost-effective to do these upgrades now. Water damage and moisture is such an insidious damage to mitigate, as long as it is vacant, do everything you can to protect yourself and your investment for the future. 0:05
No deposit back. Imagine how their restaurant looks in the kitchen if they live like this?
We used to go to the restaurant almost every week, but we completely stopped.
@@thediylandlord1493I love the content though! It's been great to watch