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Updated almost 9 years ago on . Most recent reply

Robert Niessen's profile image
Robert Niessen's profile image
Robert Niessen
  • from Furlong, Pennsylvania
  • Member since Jun 23, 2016

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22
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Robert Niessen's profile image
Robert Niessen's profile image
Robert Niessen
  • from Furlong, Pennsylvania
  • Member since Jun 23, 2016
Robert Niessen
  • Furlong, PA
3
Votes |
22
Posts
Buying & Selling Real Estate

How is prepaid rent handled in a sale?

Robert Niessen
  • Furlong, PA
Posted
Hi BP, My wife and I are looking at making our first purchase. It's a duplex in Quakertown, Pa. One of the tenants has prepaid rent through August 2017. How is prepaid treated in a sale? Does the unearned portion transfer to the seller as part of the sale? Is it treated as a discount on the purchase price? Thanks in advance for the collective BP wisdom! Rob
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