Thursday, June 17, 2010

Are landlords who are "cash only' running a scam?

When they turn down a check and insist on cash. Does this set you up for trouble?



Are landlords who are %26quot;cash only%26#039; running a scam?unemployment rate





I would be very suspiscious of a landlord who deals in cash only. I%26#039;m guessing that they are dodging taxes, among other things.



In California, you used to actually list your landlord when you file taxes, in order to get your renter%26#039;s credit. Perhaps you should check with the local tax authorities to see if your landlord is paying taxes. My guess is that they are not.



Are landlords who are %26quot;cash only%26#039; running a scam?

loan



It sure can! Unless they provide a receipt. It doesn%26#039;t matter what form your payment takes when you pay rent, as long as you get documentation that you paid it. SIGNED by someone. And keep those records safe!!|||You need to ask them why they can%26#039;t take a money order instead of the check. A lot of landlords will not take checks because they may bounce. A money order is just as good as cash. If you hand over cash GET A SIGNED RECEIPT OR THEY CAN SAY YOU DID NOT PAY THEM, ALSO HAVE A DATE ON IT VERY IMPORTANT. If you have to take your landlord to court because a lot of them do not like to give back security deposits you can have everything in writing with the landlords signature. Protect yourself get EVERYTHING IN WRITING WITH A SIGNATURE FROM THE PERSON. Do not hand over any money until you get everything in writing. If your landlord will not agree to this I suggest you move something is wrong.

No comments:

Post a Comment

Blog Archive