paying off a bad tenant to vacate?

I am intending to give tenant a golden goodbye,he has done considerable damage and i suspect he has prostitutes working inside my apt. If I keep the apt is the pay off income tax deductable...If i sell the apt is the pay off CGT deductable. Please understand that the pay off will increase rent revenue and increase the sale price of the apt so even after allowing the pay off as an expence the tax man will benifit

3 Answers

  • 2 months ago

    You don't pay a tenant to evict.  You just evict them. 

  • Anonymous
    2 months ago

    House lenders sometimes offer deadbeats a cash bonus for leaving the place broom clean.

  • 2 months ago

    Why don't you just evict him, for violating his lease?

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