Are you tired of letting your rental property’s security deposits sit idle in the bank? Discover how to unlock their earning potential and maximize your rental income with innovative strategies. Unlocking the Hidden Income in Security Deposits As a landlord, it’s frustrating to see the cash flow from your rental properties decline due to unutilized … Read more
Security deposits are a common practice in the landlord-tenant relationship, but what about interest on those deposits? In this guide, we’ll cover everything you need to know about interest on security deposits, from the basics to the latest laws and regulations. Interest On Security Deposits: A Guide For Landlords And Tenants Security deposits are a … Read more
Are you a landlord struggling to navigate the intricacies of calculating interest on security deposits? Or a tenant curious about your rights regarding this often-overlooked aspect of renting? This comprehensive guide will shed light on everything you need to know about calculating interest on security deposits. Unveiling the Hidden Cost of Security Deposits Security deposits … Read more
Are you a landlord or tenant in Chicago? If so, you need to be aware of the city’s security deposit interest law. This law requires landlords to pay interest on security deposits held for more than six months. The interest rate is set by the city and is currently 0.01%. While this may not seem … Read more
Are you a landlord or tenant in Chicago? If so, you need to be aware of the city’s security deposit interest law. This law requires landlords to pay interest on security deposits held for more than six months. The interest rate is set by the city and is currently 0.01%. While this may not seem … Read more
