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General Landlording & Rental Properties

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Bill Flannagan
  • Aurora, IL
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Landlord repair effort when returning security deposit

Bill Flannagan
  • Aurora, IL
Posted Aug 26 2016, 15:27
I recently completed my first year of being a landlord. The lease has ended and I owe the tenants part of their security deposit back. I had to have some repairs completed. Some things I had to sub out and have invoices to backup the cost. However some of the work I did myself. It took time and feel I should account for the labor for the repairs. Am I correct in charging for the time it took me to repair the property to its original state? If so, how do I account for those costs when itemizing the costs in returning the remaining amount of the security deposit? Thanks in advance for your help! Bill

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