california's renters credit tax?
Q. I have this question on my tax form. Check if "I paid rent for my principal residence for at least half of the year in California." I lived with my parents but paid for rent/food/utilities and not registered as either of their dependents, do i mark the box or is it only for self renting from an apartment?
Asked by Nightsaiyen - Thu Jan 28 16:24:00 2010 - - 1 Answers - 0 Comments

A. If they are claiming the credit, you can not. Only one claim per household may be claimed.
Answered by kathy r - Thu Jan 28 16:46:14 2010

Does anyone know of any houses for rent in the east bay?
Q. I am looking for a small house to rent in the bay area california. I have bad credit and my wife has hardly any credit. We are looking in the east bay, if you know of anyone who rents houses and doesnt mind credit please let me know. We are trying to stay under 1200 a month.My wife does have a year of renters credit with no late payments.We just got married and we are trying to get on our feet.I know its a long shot but we have to try, we simply have too much stuff to rent an apartment. Thanks for any responses, pay it forward!
Asked by Tony - Mon Jul 9 02:59:42 2007 - - 2 Answers - 0 Comments

A. try rosewood 2345 kennedy ave union city, ca otherwise, there is another one behind it called sky lark...but it is an apartment building. there r many out there friend...did u try hayward?
Answered by curious - Mon Jul 9 03:09:50 2007

Need to know how to report my last renter to the credit bureau?
Q. My last renter in California left without paying the full last month rent and 8+ months of late fees of about $1,000. He left the place a disaster, left some damage, took the keys and garage openers and stole over $2,000 of our property as well. We have filed a police report but they will not do anything about it. Does anyone know how we can at least report this to the credit bureau so it will show up on his credit score and hopefully not happen to the next landlord.
Asked by justburned - Mon Jun 30 23:25:38 2008 - - 2 Answers - 1 Comments

A. You can report resident debt to the three credit bureaus via this link: Be warned that the tenant can dispute the debt and if you do not have a judgment through the courts, it may not stick. You really need to sue the tenant in Small Claims court. You may have a hard time justifying the $1,000.00 in late fees - they should have been collected as they became due. You can only sue for the depreciated value of any property which was stolen. Hopefully you have pictures of the disaster and damage that he left behind.
Answered by Trouble - Tue Jul 1 08:52:55 2008

First time renters in California...?
Q. Please let me know if the table below is comfortable enough for 2 people. Monthly Expenses ( 1 bedroom apt for 2 people) Rent: $1200 PG&E: $120 Phone: $30 Food: $320 Car: $380 Car Insurance: $100 Gas: $120 Cable: $60 Internet: $30 Credit Cards: $100 Clothes/Entertainment/ etc:$400 Bills and Expenses/Above Total: $2860 Savings: $340 Paychecks/Total: $3200
Asked by largejojo@sbcglobal.net - Sun Mar 23 23:59:16 2008 - - 2 Answers - 0 Comments
Glenwood properties in NYC ?? Do they have a waiting list for new renters, or availability is pretty good.?
Q. I have never rented an apartment in NYC. I live in California and know the policy here. Is NYC the same?? Good credit and all that??? Somenone told me that for apartments I need to get on the waiting lists. Is that true? I am interested in Glenwood properties.
Asked by scarlett - Fri Jan 11 20:59:27 2008 - - 1 Answers - 0 Comments

A. For some apartment communities there will be a waiting list. Especially in the more affordable units in the more desirable parts of town. I took a look at the Glenwood properties site (www.glenwoodnyc.com) and they are showing several properties available (And I can't believe the rent is so much cheaper than I'm paying in California!) and you can get on a mailing list for when properties come up in the future. This link will take you to the current available properties page. When I rented a place (short term) in NYC they needed proof of earnings (or ability to pay rent), a good reference from a previous landlord and (obviously) a security / damage deposit as well as a month in advance. As long as you've never been evicted or taken… [cont.]
Answered by Hamish A - Sat Jan 12 08:33:03 2008

how or who can i report someone's credit that they did not comply with thier home rental agreement?
Q. i am homeowner that is having problems with my renter. they have been late with rent since they been there. Now, i have ask them to leave and they are still there and doesn't want to pay rent to me. what can i do? who can i report this to? i live in california. thanks
Asked by homeowner - Fri Jan 11 23:29:53 2008 - - 1 Answers - 0 Comments

A. Get a lawyer who specializes in evictions.. Right now you have to get them out don't worry about reporting to credit bureaus at this time. The sheriff will have to evict them and it will show in court records and be reported on their credit rating. I hope you are not in San Francisco as you have almost no rights as an owner in San Francisco.
Answered by homegirl - Fri Jan 11 23:39:08 2008

I live in California and need to rent my extra room. Need advice on applications, agreements, screening, rule
Q. I need to rent out my extra bedroom. I want to have a renter vs. a roommate because I want more control. I need advice on how to put together a rental application, how to screen renters, how to check credit and references, how to put together a rental agreement and what kind of rules I need to set down. I'm a 53 yo woman going through a divorce and it's scary to have a stranger in my house but I have no choice - I need the extra cash.
Asked by Madeline V - Tue Apr 22 14:56:59 2008 - - 3 Answers - 0 Comments

A. Go to www.uslegalforms.com and find your state and residential lease agreement. Make note of any utilites etc expenses and how they will be divided up since you will be sharing everything money wise. Any potential renter should have a credit check done using their social security number. Go to any of the credit report places online to do those. Such as Experian, Equifax. There may be a fee involved. Also get referances from any former landlords. Also get their source of income. Ask for a security deposit as well to protect your home from any damages that they may incur while living under your roof. And screen all potential renters for a background check through your local police/sheriff dept. You do not want someone with a criminal record… [cont.]
Answered by sharon red baron - Tue Apr 22 15:21:00 2008

Can you sue a realtor for bad advice and withholding information?
Q. After months of not selling our property, we decided to rent it. As soon as we did, we told our realtor that we would no longer need his services. Mysteriously, an offer for full asking popped up that day, but the buyer wanted to do it 100% financing. We were repeatedly assured by the realtor that the buyer's loan was approved and was good. The problem was, we had signed a lease to rent the place out. Our renters demanded $4K for us to break it, which is the norm in California. So we paid them. As it now turns out, our buyer's loan is not good. He has bad credit and has outstanding child support that is preventing him from closing a loan and closing the place. We feel our realtor withheld this information from us - and that… [cont.]
Asked by Pimpdaddy Frank - Thu Jan 4 00:23:21 2007 - - 16 Answers - 3 Comments

A. I have to say, I have had more than one occasion when a listing agreement expired or was canceled and I got an offer that day or the next. I know it is hard to believe, but it does happen. That being said, regardless of what anyone tells you (including the mortgage broker/lender) the loan is not approved until it is out of underwriting with a "Clear to Close". Pre-approval and approval letters are generally not worth the paper they are written on. For any agent to make a definite statement that the loan will go through is appalling. They just don't know. The circumstances of your buyer and how you found out about the problems are not surprising. This happens all of the time. All of that being said, if you think you can prove that… [cont.]
Answered by txrealestateagent - Thu Jan 4 03:08:59 2007

I have an investment property in California, what are the consequences of foreclosure?
Q. I have been searching for information on dealing with the foreclosure of an investment property in california. The house I used to live isn't worth nearly what I paid for it. I am currently a month ahead in my payments, but am having trouble finding renters and even if I did, it would be at a heavy loss each month. I am looking for information on any tax implications or anything else. Also, the property and mortgage is only in my wife's name, would this have any effect on my credit score? any help or links to information would be greatly appreciated along with any constructive suggestion. Foreclosure, is not something I want to do, only as a last resort. thank you. as a bit of extra info. it was originally bought in 12/04 as a primary… [cont.]
Asked by Garrett R - Sun Jun 7 15:04:24 2009 - - 5 Answers - 0 Comments

A. To do anything you are going to have to get behind in the payments. IF that is something you want to do then do a short sale. How long has it been a rental property? Did you live in it 2 of the last 5 years? See your tax accountant as you will have to adjsut your basis by depreciation etc. If you say it has been a rental for 7 years my answer would be different. Why not just put it on the market and sell it and not ruin your credit even if you have to come to the table with 5-10K? Edited to add The IRS has stayed the taxation of the shortages in a foreclosure or short sale.
Answered by Rebecca - Sun Jun 7 15:14:25 2009

I need help with Apartment Credit?
Q. I am moving to an apartment in Fall brook California to be with my fiance he will be living there with me but he will not be on the lease and will not be paying anything but the utilities. Will they check not only my credit but his credit as well. I have amazing credit, but my fiance on the other hand has horrible credit. Will I lose the apartment if I tell them he is going to live there and they check his credit also or will they even check it if he is not on the lease. Will I lose my apartment if I say that he will not be living with me ( even tho he really is)? I am a new apartment renter so I have no idea what the process is or even what to do. Thank you for answering respectful. =) Okay Mrs. "My Take On It" If I could cuss on here I… [cont.]
Asked by alyssa - Sat Jul 10 20:54:57 2010 - - 4 Answers - 0 Comments

A. Your boyfriend needs to be on the rental application. If your landlord or manager gets word, those are grounds to evict you. It's better to be upfront and put him on the application, then get the apartment and lose it over a stupid lie. Yes, they will check his credit, but if your credit is good and both of you have good references, then chances are you will be in the clear. They might ask for a slightly higher deposit when factoring in his credit.
Answered by Flayo - Sat Jul 10 21:00:41 2010

Is it possible to buy a small home during a recession with a credit score under 700?
Q. I hear/read mixed things about people taking advantage of buying a home during a recession because they are cheaper. However when I got to sites such as bankrate.com you must have a minimum of 700 for certain mortage rates. Does anyone have a realistic picture of purchasing a home. I am 27, single female (no kids), a renter, I have students loans. Live in Los Angeles area $900/mo in rent, looking to purchase a condo/townhome for $150,000 in Southern California, planning to stay for 2 years, then sell or rent out. Would I qualify for a loan. Credit score is in the 620-650 range. Thanks!
Asked by candi82 - Sun Dec 27 18:17:30 2009 - - 5 Answers - 0 Comments

A. credit-report-free.totalh .com - try this service to boost you credit score before getting loan. After credit repair you can get the loan with minimal interest rate.
Answered by Michael - Tue Dec 29 05:54:58 2009

What happens if my tenant files for banktruptcy?
Q. I have a tenant renting my house directly from me, and not through a property management company. I just got a letter stating that they have a hearing for something next month because they have declared bankruptcy. I new when I rented to them, they were foreclosing on their house, and going through bankruptcy at the time, but they seem like very solid renter otherwise. I rolled the dice, and for 6 months they've been awesome. Always pay on time, house is clean...etc. I was going to call the tenant to ask him about this, but have not done so yet. Are they protected at all from bankruptcy and paying me? Or are they still obligated and if they don't I can evict as normal? I'm not sure what to do if this goes sour. I hope when I talk… [cont.]
Asked by Adam - Fri Aug 7 21:01:16 2009 - - 4 Answers - 0 Comments

A. You are not a credit agency and therefore not effecting in anyway by your tenants bankruptcy case. They can not claim you as a creditor.
Answered by reenzz - Fri Aug 7 21:23:11 2009

How do I rent a home during a foreclosure?
Q. I live in California.I am trying to rent a home now, knowing that saving my home is impossible. However, I can't seem to find a single person who will accept my application due to a pending foreclosure. I was paying more than double on my mortgage than what people are asking for rent and I still haven't found a place. I have run @ 10 different credit reports due to the different renters requests. I am running out of time and money. Any suggestions? I unfortunately can't look at a other part of town due to my son's school. He is in a charter school where they don't take transfers and he has already started his school year.
Asked by Kelly - Wed Aug 20 21:55:12 2008 - - 6 Answers - 0 Comments

A. A letter of you good charactor would not mean anything to me, your credit report shows me what I need to know, as a landlord, about your charactor. Do you or do you not pay your bills? Remember, to your landlord this is business. In my case if you do not pay rent my children loose out because I pay my mortgage, every month, on time, no matter what. Something in the budget has to go. I could not afford to risk renting to you, as you are finding with most landlords. You need to apply in areas where the landlord is less likely to have a high mortgage. If your credit is really bad you need to apply where they rent on a weekly, not monthly basis, as the landlord can evict you sooner so is taking less of a risk with you. I have 2… [cont.]
Answered by Landlord - Wed Aug 20 22:37:51 2008

She don't want the house after all?
Q. 3days ago I rented one of my homes,to a lady and her daughter,I asked for $600.00 to hold the property and take down the (FOR RENT) while I verify her credit..Well she insisted on me taking the Deposit which was $700.00..because she was really interested in the house,and she wanted to make sure I wouldn't rented to someone els. Well now she calls me and says that she changed her mind, she no longer wants the house,after the house has been with out the for rent sign for 3days!!! what do to do i give her the whole$700.00 dollars back or take out the daily rate for the days I took the sign down? However she also sighed a (Hold property receipt) that clearly states that the money would stay in hold for 5days and if she changes her mind between… [cont.]
Asked by MisMac - Sat Oct 10 23:18:21 2009 - - 3 Answers - 0 Comments

A. Sounds like she found something better. Your contract is very clear: she doesn't get the deposit back. If you want you could give her the extra 100 she offered to put down. Its up to you if you want to do some goodwill and give her the deposit back or not. Ask her why she decided not to rent, if you think she is in hardship and found out she can't afford the rent, then prorate for the days, otherwise stick to the contract. EDIT: If she signed the non-refundable rent deposit, DONT give her the money back. *It does not matter if you took the for rent sign down or not. All you agreed to do is not agree to rent to someone else. You could have been taking back up offers to rent this whole time and still be entitled to her deposit. *It does… [cont.]
Answered by DayDreamer - Sat Oct 10 23:44:06 2009

What can we do about this angry crack using renter? Scared for our safety. Please help back from jail tonight?
Q. (speaking for my friend) Ok, SO let me give you an idea of whats happened so far. We have had a renter in our house(the same house we live in) for the past couple of months. He has been there with a verbal agreement. Last week him and his friend asked if they could use the porch of one of our rental houses down the road to paint on. We gave them permission for only that. The next day it started to rain and they asked for the keys to use so they could be dry while it was raining. That was it. The renters friend proceeded to move in all of his personal possessions inside the house without permission. He then painted his belongings on the floor with no protection leaving paint everywhere. The next day(we still were unaware that anything was… [cont.]
Asked by eppinizer - Sun Dec 28 15:30:42 2008 - - 6 Answers - 0 Comments

A. Police cannot search his things without his consent or a warrant. That's it there. It doesn't matter if you say you saw drugs. We cannot do anything about it. In California, if a person moves in, verbal or written agreement to stay, that sit. He's a renter. If it's a buddy that sleeps on the couch a couple nights, he can be a renter, legally speaking. Anyone that has ever paid any money or worked to stay, or bought one thing for the household, (light bulbs, food, helped pay an electric bill, etc) they are a renter and have every right a renter does. A 30 day, sometimes a 6 day, eviction must be provided to throw him out legally. Otherwise you run the risk of getting sued. Lesson here: NEVER, NEVER, NEVER rent a room to someone you… [cont.]
Answered by California Street Cop - Sun Dec 28 16:12:25 2008

Walk away from mortgage? What would you do in this situation?
Q. I purchased my home a little less than 2 years ago in Long Beach, California. I paid 255,000.00. It is now worth 210,000. The payments will go from (114 HOA) from 1700 to 2000 per month in February of next year, that is only 3 months away. I don't really like the neighborhood. Lots of section 8 renters are moving in and playing loud Mariachi music and selling drugs. Police won't do anything. I have gone to Austin, Tx twice and really would like to move there. What should I do? I am a teacher with a Master's Degree, but this is all that I could afford. I don't want to be a slave to the mortgage company and pay for something that is not worth it. I also am not above dinging my credit. I don't feel sorry for ditching this place. … [cont.]
Asked by newwave74 - Wed Oct 22 14:43:21 2008 - - 5 Answers - 0 Comments

A. ~~If it your credit does not matter then do as you wish. You are with hundreds of others in the same predicament. You may want to speak with an attorney, to find out what assets you have, may need protection. When you default on a mortgage, there are numerous additional debt you incur from the mortgage company. Just to be sure you are fully protected, by just walking away from it, I would advise legal advise. Why take a chance.~~
Answered by debijs - Wed Oct 22 15:23:56 2008

What are a few places in Irvine, CA West of the 405 to rent a single family home in the $2-2500 range?
Q. My husband received a promotion and we're moving to Southern California. My family lives in Newport/Corona del mar. That area is too expensive, but I think Irvine would be a good fit for us (family friendly and less expensive than Newport). We own our home in Virginia (a 2,800sq.ft 3 bed, 2.5 bath house with a large backyard in a very desirable suburb of Richmond). We will be renting our house out and now we're in the position of needing to rent. We have stellar credit, I'm a clean freak, and we have the utmost respect for an owners home (as we take great pride in our own and expect the same respect from our renters). The problem is we have 2 large dogs (very well behaved and have never caused any destruction or mess) and 2 cats. … [cont.]
Asked by Brooke - Tue Dec 1 09:25:17 2009 - - 2 Answers - 0 Comments

A. Welcome to SoCal! As you can see, the SoCal real estate market isn't like anyplace else. And if you're posting here, I imagine that you are sufficiently desperate. Frankly, you might get better (and less sassy) answers in the Renting and Real Estate Forum. At the very least, you could Google "Irvine Realtors" and start interviewing realtors. The folks in here aren't too real estate-savvy, for the most part. I do real estate investing on the side, and looking at it from a landlord's point of view, I can tell you that you're going to have a VERY tough time of it. Just about any owner who has rented out will tell you that the VAST majority of renters don't care about your place the way you do. This is something you'll find out very shortly. [cont.]
Answered by Obviousman - Tue Dec 1 15:38:07 2009

I need advice for renting with a pit bull?
Q. I am a 25 year old female who's been employed by the state for 7 years. I am very responsible, my credit is good, and I am going to be moving to San Diego from Northern California in the near future. I have an 11 year old pit bull that I've had for 8 years. He is super sweet. I also have a 5 year old husky. I carry $500k in Renter's Insurance. I was wondering what is the best way of going about finding a house to rent. I've always rented from my parents (they are landlords) so I never had to find a place before. I also have pictures of my house (how nice I keep it) to show prospective landlords. I know that most people with pits rent, so someone must have some advice... I was also thinking maybe to say I have a husky and a mixed… [cont.]
Asked by Nicole - Wed Feb 20 21:10:35 2008 - - 10 Answers - 0 Comments

A. First off you have a "dog" not a pit bull ;) My apbt came from a shelter - while I know he's a pit and a very select few family and friends know - anywhere on paper he is of mixed or unknown origin. Closest thing to pit bull is his vet records which has him listed as "terrier cross" Now I love my breed and have a lot of pride - but this truely may save his life one day and keeps my insurance premium low. Also do you have anything that proves how well behaved your pets are? Canine good citizen? Obedience titles? Even a reference letter from your vet may be helpful!
Answered by damselchum - Wed Feb 20 21:21:46 2008

Roommate is breaking our lease, cites "duty to mitigate" as a legal way out of paying her part of the rent?
Q. I entered a year lease with another person as roommates in California. She has told me of her intent to break the lease with 8 months to go and cites "duty to mitigate" as her way out of being legally responsible for her portion of the rent. I have not broken any of the terms of the lease. She has found people from an internet site who are supposedly willing to take over her portion of the rent. I am not willing to live with a stranger she has found on the internet. I do have a friend who will move in, but will not be able to do so for 3 months. I'm hoping to find some answers to the following questions: 1. who's legally responsible for bearing the burden of the "duty to mitigate"? 2. Will i, as a co-tenant, have to agree to a stranger she… [cont.]
Asked by Andrea - Mon Sep 28 20:42:07 2009 - - 1 Answers - 0 Comments

A. I easily see both her point of view and yours. She has a $ problem and other problem and needs to be elsewhere and she is not ignoring her debt--she has mitigated via finding a replacement tenant. YOU can do the same with YOUR part of the lease. --tell me this--let's say she did not find a replacement and she had no money to pay for rent--what solutions would you offer her? Other than her forcing a new roommate onto you, I see absolutely nothing wrong with what she is doing and I see everything correct about it. what is your REAL problem with it?
Answered by kemperk - Mon Sep 28 20:51:32 2009

My rental condo is in FORECLOSURE... the bank offers me cash!??!?
Q. hey everyone... Just got home from a 2 week vacation... I have been renting a 3 bedroom 3 bath condo in Orange County California for about 2 years now. Yesterday morning someone brought over a paper informing me that the condo went under foreclosure and I have 60 days to move... This is the first I have heard of this... you can not see the door numbers clearly on the door so maybe they have posted some papers on someone else's door and it never found the correct location, or maybe the wind, who knows... in any case here is what happened... after finding out our home will soon be taken out from under us and checking the mailbox after our 2 week vacation and finding more info about the foreclosure im pretty sure its solid. I tried to contact… [cont.]
Asked by huge questions! - Thu Jan 8 17:24:49 2009 - - 4 Answers - 0 Comments

A. Well, you can count the bank out. They do not usually bargain the free money. They will take the 60 days, no cash for you. You really have no options. The bank can not let you stay, you are required by law to vacate the premises. The landlord still owes you the deposit, still after you have moved out. 30 days after you move you can file a suit with small claims for the deposit if he has not returned it. This is not effected if you had accepted the money from the bank, you would be entitled to both. But, you asking for a 30% increase in their offer will be taken as a refusal, you will not get the money. But of course that gives you an additional rent free month to save up.
Answered by Landlord - Thu Jan 8 19:13:31 2009

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