As a landlord, there are both pros and cons to accepting cash payments from tenants. On the one hand, cash payments provide a level of anonymity and privacy, and for some tenants, paying in cash may be more convenient or traditional. On the other hand, accepting cash payments can be challenging for landlords, particularly when it comes to tracking payments and ensuring compliance with legal and tax requirements.

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This post covers the topic of pets in rental properties and why it is important for landlords to have a pet addendum in place. The post explains what a pet addendum is, when landlords need one, the pros and cons of allowing pets in the building, and the process of writing a pet addendum. The post also covers the pet deposit, the legal requirements surrounding emotional support animals, and the potential consequences of not covering all types of pets in a lease agreement. The post concludes by emphasizing the importance of having a clear understanding of the laws and guidelines surrounding pets in rental properties and the benefits of having a comprehensive pet addendum in place.