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Property Renting

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Pay Rent To Parents To Claim A Deduction

You can claim HRA deduction for rent paid to your parents. Most of the salaried people get an allowance for taking care of the rent that they pay for their home. This is called House Rent Allowance, or HRA. You can claim these benefits even if you have rented out the house you have purchased […]

170502

10 Reasons for Rejecting Tenant Applications

A landlord has right to reject prospective tenant application that does not meet their criteria or tenant with unsatisfactory reference from landlords or employer. Some states have laws making it illegal to discriminate tenants on the basis of race, religion, sex, disability, or national origin. It is important to know your parameters when you must […]

Know Obligations of A Landlord For Renting Out Your Property

Letting out your property could give you the freedom to move on at a time when selling has become incredibly difficult. Buying a house can itself be an experience of a lifetime. People with larger disposable incomes are contemplating buying a second house. Buying a second home could be for varied reasons say, investment, rent […]

Guidelines for Installation of the Mobile Towers

The Department of Telecommunications (DoT) is in the process of finalizing tougher norms for radiation emitting from cell towers. India currently follows the International Commission for Non Ionizing Radiation Protection (ICNRIP), a German independent body’s guidelines set for exposure to radiation. Mobile phone towers installed on top of buildings are a definite threat to human […]

Tenant Eligible To Recover Cost of Property Maintenance

A common point of dispute among many landlords and tenants is maintenance of a rented property. It is the responsibility of the landlord to ensure that the tenanted premises are habitable and safe. Once the tenant moves in, it’s the landlord’s responsibility to repair anything that breaks on the property, from a burned-out light bulb […]

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